US producer inflation tops expectations as energy costs jump amid Iran war
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
13/15
Depth
6/15
5-Axis Cultural Radar
US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month – particularly for diesel – as the US war with Iran continued. Rising prices at the pump are squeezing US households and businesses weeks ahead of key midterm elections, pressuring President Donald Trump’s administration, as average diesel costs hit new highs.
