The U.S. Bureau of Labor Statistics reported that the producer price index rose a seasonally adjusted 0.3% in October, falling slightly below the 0.4% increase forecasted by Dow Jones. While the monthly increase was lower than expected, the annual rate accelerated to 6.5%, marking the highest annual growth since November 2022. The report highlights that core PPI, which excludes volatile food and energy prices, rose…
Wholesale prices increased 0.3% in October, less than forecasted, but inflation pressures persist (this article)2 articles from Just the News on this story