Thursday, October 15, 2026 09:00AM ET
Oct 15, 2026 · 5 min · 9 segments
An ABC News Update Learn more about your ad choices. Visit podcastchoices.com/adchoices
Oct 15, 2026 · 5 min · 9 segments
An ABC News Update Learn more about your ad choices. Visit podcastchoices.com/adchoices
The producer price index offers a glimpse at what consumers will be paying for goods and services in the near future.
The Bureau of Labor Statistics says the PPI soared 1.3% in September, more than double the consensus.
Half of the September increase in the index for final demand goods can be traced to the price of gasoline, which jumped more than 20% last month.
For six straight months now, Americans' wages on average have not been going up as fast as prices.
The government did just announce its latest inflation adjustment for Social Security benefits for more than 70 million Americans.
The producer price index offers a glimpse at what consumers will be paying for goods and services in the near future.
The Bureau of Labor Statistics says the PPI soared 1.3% in September, more than double the consensus.
Half of the September increase in the index for final demand goods can be traced to the price of gasoline, which jumped more than 20% last month.
For six straight months now, Americans' wages on average have not been going up as fast as prices.
The government did just announce its latest inflation adjustment for Social Security benefits for more than 70 million Americans.
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