U.S. producer prices rise by 6.5% year-over-year in October

First reported by Yahoo Finance at Fri 1:09 AM · 3 outlets in all

1. Yahoo Finance1hU.S. producer prices rise by 6.5% year-over-year in October
2. Washington Examiner2hProducer prices rose to 6.5% in OctoberInflation, as measured by the producer price index, rose two-tenths of a percentage point to 6.5% for the year ending in October, the Bureau of Labor Statistics reported Friday. Economists have been closely watching PPI reports and other inflation data amid the war with Iran and concerns that higher energy prices will filter through to
3. CNBC2hWholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four yearsThe producer price index was expected to increase 0.4% in October, according to the Dow Jones consensus.