Market leader intermediate test file1/4/2023 ![]() ![]() "The Fed's war on inflation hasn't been won yet, but at least the costs of goods at the producer level have stopped rising at a rate that looked out of control earlier this year." "Inflation is all about pass-through costs at the lower level of production, so this report counts as some relief for beleaguered consumers who face runaway inflation on the goods sitting on store shelves," said Christopher Rupkey, chief economist at FWDBONDS in New York. Prices for intermediate goods and services also increased moderately. The report from the Labor Department on Wednesday also suggested that producers could be struggling to pass on higher prices, with a measure of changes in margins received by wholesalers and retailers barely rising last month. ![]() producer prices increased more than expected in September, but underlying goods prices posted their weakest reading in nearly 2-1/2 years as supply chains improved further, offering some hope in the battle against inflation.
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