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US producer prices rise moderately in October, but inflation broadens out
Wholesale prices rose 6.5% in October from a year earlier, the fastest annual pace since November 2022.
6 trends tracked about this subject — the full history, oldest to newest below.
Wholesale prices rose 6.5% in October from a year earlier, the fastest annual pace since November 2022.
US wholesale inflation accelerates to fastest pace since 2022
Wholesale inflation jumped in September by the most in four years as gas prices and energy costs soared.
US wholesale prices climbed in August as rising oil costs contribute to persistent inflationary pressures across the economy.
U.S. wholesale price growth stalls in July, leaving the Producer Price Index flat and beating modest inflation forecasts.
U.S. futures rise as fresh inflation data lifts market sentiment, prompting Nasdaq to chase Tuesday’s rally.