{
  "id": 6587208,
  "title": "Wholesale prices moved higher last month in latest sign of stubborn inflation",
  "url": "https://urgent.news/2026/09/10/wholesale-prices-moved-higher-last-month-in-latest-sign-of-stubborn",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-10T12:40:44.000Z",
  "source": {
    "name": "Winnipeg Free Press",
    "slug": "winnipeg-free-press",
    "url": "https://www.winnipegfreepress.com/business/2026/09/10/wholesale-prices-moved-higher-last-month-in-latest-sign-of-stubborn-inflation"
  },
  "original_language": "en",
  "account": "Wholesale inflation rose in August as higher oil and gas prices due to the Iran conflict keep costs elevated, according to the Labor Department’s producer price index.\n\nThe index showed a 5.4% increase in August compared to a year ago, up from 4.7% in July. On a monthly basis, wholesale prices increased 0.4% from July to August, after a 0.1% rise in the previous month.\n\nOil prices hit $100 a barrel this week due to renewed fighting in the Middle East, and President Trump has escalated a trade war with Canada, which could push up costs further.\n\nWhile inflation has shown signs of easing recently, it remains high and is causing frustration for consumers dealing with the rising prices of gas, groceries, clothing and other essentials.\n\nThe figures are particularly important as they may influence the Federal Reserve's decision to raise short-term interest rates at a policy meeting next week. The producer price index data, released on Thursday, will also help calculate the Fed’s preferred inflation measure, which will be published on September 30.",
  "summary": null,
  "key_points": [
    "Wholesale prices rose 5.4% in August vs. year ago",
    "Oil prices hit $100 a barrel due to Middle East conflict",
    "Fed may raise interest rates next week based on data"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}