US Wholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years
- The producer price index, a measure of wholesale prices, rose 0.3% in October, slightly less than the 0.4% forecast.
- On an annual basis, PPI surged 6.5%, the biggest increase since November 2022.
- Markets continued to fully price in an interest rate hike of at least a quarter percentage point when the Fed meets in December.
https://www.cnbc.com/2026/11/13/ppi-inflation-report-october-2026.html