Inflation held steady at 3.7% for the year ending in September, buoyed by higher shelter and energy costs and defying expectations for a mild slowdown.
Wholesale inflation rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.
US wholesale inflation heated up last month amid higher gas prices ktvz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ktvz.com Daily Mail and Mail on Sunday newspapers.
US wholesale inflation heated up last month amid higher gas prices cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.