US services sector cools in September, price pressures building
- Posted on October 5, 2026
- By Business News Today
- 0 Views
- 1 min read
In brief
Generating AI summary…
US services sector cools in September, price pressures building
The US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strait of Hormuz. Diesel prices are at record highs, hitting farmers and truckers. Economists warned that higher prices could soon spill over to other sectors and broaden inflation pressures.