US producer inflation accelerated sharply in September, with headline PPI jumping from 0.5% to 1.3% mom, far exceeding expectations of 0.5%. According to the Bureau of Labor Statistics, the increase was the largest since March 2022. Annual producer inflation climbed from a revised 5.6% to 6.3% yoy, above forecasts of 5.3% and the highest since […]The post US PPI Surges 1.3% as Energy Prices Spike, but Core Inflation Also Beats Forecasts appeared first on ActionForex.