PPI Inflation Rages in the Revisions? Businesses Hit by 6.5% Inflation, Worst since 2022
Producer price inflation hits 6.5%, its worst level since 2022, according to revised data covered by Wolf Street.
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Producer price inflation hits 6.5%, its worst level since 2022, according to revised data covered by Wolf Street.
Wholesale prices rose 6.5% in October from a year earlier, the fastest annual pace since November 2022.
Gold tests $3,900 resistance while U.S. equity futures climb on Nvidia strength and weekly index gains.
China's producer inflation accelerated to 5.7% in October, reaching its highest rate in over four years.
10 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
7 news sources are covering this Business story right now — PULSE is tracking how fast it spreads.
US producer prices post their largest drop in fourteen months as inflation cools to 3.5 percent in June.