'Something else going on': Analyst highlights data showing Trump policies driving up costs

Businesses are paying more for the products they need, according to a new government report, and those costs could soon make their way downstream to American consumers.

The latest Producer Price Index shows producers and manufacturers paid 0.9 percent more last month compared to June, raising the annual rate to 3.3 percent, according to Bureau of Labor Statistics data, and stock futures dipped after the numbers were released, reported CNN.

"This report just out showing that the prices that businesses pay has heated up...