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Wholesale prices jumped 6.3% annually in September, biggest gain since 2022

Key Points

Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida. Paul Hennessy | Sopa Images | Lightrocket | Getty Images September producer prices were expected to increase 0.6% month-over-month and 5.5% annually, according to the consensus estimate of economists polled by Dow Jones. September retail sales were estimated to increase by 0.4% from the prior month, according to the Dow Jones Survey.

Shoppers wait in a check-out line at a Costco wholesale store in Orlando, Florida. Paul Hennessy | Sopa Images | Lightrocket | Getty Images September producer prices were expected to increase 0.6% month-over-month and 5.5% annually, according to the consensus estimate of economists polled by Dow Jones. September retail sales were estimated to increase by 0.4% from the prior month, according to the Dow Jones Survey.
Costco (ORG) Orlando (LOCATION) Florida (LOCATION) Paul Hennessy (PERSON) Sopa Images (ORG) Getty Images September (ORG) Dow Jones (ORG)
Originally published by CNBC Read original →