The report suggests underlying inflation remains firm alongside rising fuel prices, just ahead of midterm elections in November in which affordability is a central issue. US producer prices rose in September at the fastest pace in more than four years as higher energy costs reverberated through the US economy. Key points and original sources are listed below.

• The report suggests underlying inflation remains firm alongside rising fuel prices, just ahead of midterm elections in November in which affordability is a central issue.S1

• US producer prices rose in September at the fastest pace in more than four years as higher energy costs reverberated through the US economy. The producer price index advanced 1.3% from a month earlier — the most since March 2022 — and 6.3% from a year earlier,...S2