Rising diesel prices have helped fuel inflation — and we’re about to see how much worse it could get
Summary
Recent consumer inflation data has exceeded expectations as climbing diesel costs put additional pressure on the economy. Upcoming economic reports will offer further insight into how record-high fuel expenses are impacting broader inflationary trends ahead of the midterm elections.
Consumer inflation just came in hot. Thursday will provide more clues on the impact of record diesel prices ahead of the midterm elections.
Source: Read the full story at MarketWatch.com - Top Stories
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