Gas boosts producer prices

U.S. producer prices rose more than twice as much as expected in August on the biggest surge in gasoline prices in more than 10 years.
The Labor Department said the seasonally adjusted index for prices jumped 1.7% last month and fell 4.3% from August 2008. Analysts expected producer prices to rise 0.8% on the month and to fall 5.3% on the year.

Finance