Rising diesel prices have already been feeding inflation, and the worst may not be in the prints yet. Diesel is the cost input behind trucking, farming and freight, so it works into goods prices with

What happened: Consumer inflation came in hot, and Thursday will provide more clues on the impact of record diesel prices ahead of the midterm elections. Why it matters: Rising diesel prices have helped fuel inflation, and the coming data will show how much worse it could get. Key numbers: none. Coverage: 4 outlets in 24h

Rising diesel prices fuel inflation, with worse impact imminent.

Rising diesel prices fuel inflation, with worse impact imminent. — impact context not separately stored; see What changed.