Wholesale inflation rose in October to highest annual rate in nearly four years
Headline from Local News 8
By Alicia Wallace, CNN (CNN) — The cost of doing business in the US is getting increasingly pricier: Wholesale-level inflation accelerated last month to its highest rate in nearly four years, Bureau of Labor Statistics data showed Friday.
Local News 8's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
US wholesale inflation climbed in October from a year earlier at the fastest pace since 2022, adding to evidence of mounting price pressures throughout the economy.
By Alicia Wallace, CNN (CNN) — The cost of doing business in the US is getting increasingly pricier: Wholesale-level inflation accelerated last month to its highest rate in nearly four years, Bureau of Labor Statistics data showed Friday.
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Wholesale inflation rose in October to highest annual rate in nearly four years | Since Then