Coverage dated September 12, 2022 to September 13, 2022
Some good inflation news: Wholesale prices fell in August
Headline from KYMA Yuma
Just one day after August's disappointing Consumer Price Index report triggered a meltdown on Wall Street, a separate inflation report indicated that wholesale price increases are showing signs of improvement.
KYMA Yuma's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Inflation at the wholesale level jumped 8.7% in August from a year earlier, a slowdown from July yet still a painfully high level that suggests prices will keep spiking for
Inflation, as measured by producer wholesale prices, slowed to 8.7% for the year ending in August, according to a report Wednesday from the Bureau of Labor Statistics.
The producer price index, which measures inflation at the wholesale level before it reaches consumers, remains at a multi-decade high, the Labor Department said on Wednesday.
Just one day after August's disappointing Consumer Price Index report triggered a meltdown on Wall Street, a separate inflation report indicated that wholesale price increases are showing signs of improvement.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Some good inflation news: Wholesale prices fell in August | Since Then