U.S. October PPI Rises 6.5% YoY, Highest in Nearly Four Years
79 points by moonypto
U.S. producer prices increased by 6.5% year-over-year in October, marking the highest rate since November 2022, but fell short of the anticipated 6.6%. Month-over-month, the PPI rose by 0.3%, also below the expected 0.4%, while the previous month’s figure was revised up from 1.3% to 1.4%.