U.S. producer prices increase solidly in August

US producer prices jump an unprecedented 8.3% in August

WASHINGTON (AP) — Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.

Inflation watch: US producer prices surge to another record

United States producer prices jumped 8.3 percent last month, the biggest annual increase on record.

US producer prices jump an unprecedented 8.3% year-over-year in August

Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.

Wholesale Prices Hit Recorded 8.3% High In August

Wholesale prices rose 8.3% in August, the Labor Department reported on Friday. This marks the biggest producer price annual increase since 12-month data was first collected in 2010. The new figure comes after the previous record of 7.8% was set in July. The producer price index for final demand rose 0.7% outpacing the anticipated 0.6% projected by the Dow Jones, the number also falls below the 1% July increase, CNBC reported.

U.S. producer prices jump an unprecedented 8.3% in August

Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the ...

US producer prices jump an unprecedented 8.3% in August

Inflation at the wholesale level climbed 8.3% last month from August 2020, the biggest annual gain since the Labor Department started calculating the 12-month number in 2010.