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PPI up slightly higher than expected, likely due to rising energy costs

Name: PPI up slightly higher than expected, likely due to rising energy costs
Uploaded: 2023-10-11T09:21:00-0400
Duration: 4 min 46 s
Description: The Producer Price Index, measuring how much wholesale goods cost, rose half a percentage point in September, slightly higher than the 0.3% some experts expected. More than 40% of the increase can be attributed to a rise in energy costs. Business journalist Kristin Myers joined CBS News to discuss the numbers.

The Producer Price Index, measuring how much wholesale goods cost, rose half a percentage point in September, slightly higher than the 0.3% some experts expected. More than 40% of the increase can be attributed to a rise in energy costs. Business journalist Kristin Myers joined CBS News to discuss the numbers.