GoKawiilUS Producer Prices Climb 6.5% Annually in October, a Near Four-Year High
The U.S. Producer Price Index rose 6.5% year-over-year in October, the highest annual rate since November 2022, up from 6.3% in September. Month-over-month, PPI increased 0.3%, slightly below the 0.4% forecast, while September's monthly figure was revised upward to 1.4% from 1.3%.