Business · Economy · 2 hrs ago
U.S. business inflation hits a more than four-year high
U.S. business inflation climbed sharply in September, with wholesale prices up 1.3% from August and 6.3% from a year earlier.
The increase was the fastest in more than four years and exceeded economists’ forecasts.
Higher oil and record diesel prices are adding to business costs, especially for transport, amid the U.S. war with Iran and trade war.
Consumer inflation also rose, with the annual rate reaching 3.7%, while core inflation, which excludes food and energy, was 2.6%.
Businesses may pass more of their higher costs for materials and shipping on to shoppers, though wholesale price rises do not always lead directly to consumer inflation.
Economists expect the Federal Reserve may raise interest rates again before the end of the year, which could add to pressure on consumers.
U.S. wholesale inflation rose to its highest level in more than four years in September, according to the Globe and Mail.
The Producer Price Index increased 1.3 percent from August and 6.3 percent from a year earlier, exceeding economists’ forecasts.
Higher gasoline prices were a major factor, with gasoline up 20.3 percent, according to the Labor Department report cited by Hürriyet Daily News.
Consumer inflation also rose more than expected, reaching 3.7 percent in September.
The increases raise concerns that businesses may pass higher costs on to shoppers and add pressure for further Federal Reserve rate rises.
- Who
- U.S. businesses and consumers are affected by rising prices.
- What
- U.S. wholesale inflation rose to its highest level in more than four years.
- When
- September; the data were reported on October 15, 2026.
- Where
- United States.
- Why
- Higher prices, especially for gasoline and other energy costs, contributed to the increase. The sources also cite the U.S. trade war and war with Iran.
This story does not have two clearly opposing sides.
U.S. consumer inflation figures showed the annual rate reaching 3.7 percent in September.
The Producer Price Index rose 1.3 percent from August and 6.3 percent from a year earlier.
U.S. wholesale inflation data were reported by the outlets.
- PPI monthly increase
- 1.3 percent
- PPI annual increase
- 6.3 percent
- Gasoline price increase
- 20.3 percent
- Consumer inflation
- 3.7 percent in September
- Retail sales growth
- 0.8 percent month-on-month in September
3 sources
What people are saying
Half of the September increase for goods costs can be "traced to prices for gasoline, which jumped 20.3 percent,