US Wholesale Inflation Climbs to Fastest Pace Since 2022

The US producer price index rose 6.5% in October from the same month a year earlier, marking the fastest annual pace since 2022, according to Bureau of Labor Statistics data released Friday. The index advanced 0.3% from September to October. The data reflects sustained price pressures in wholesale markets across the economy.

• Bloomberg — US Wholesale Inflation Climbs to Fastest Pace Since 2022
• Bloomberg — US Wholesale Inflation Picks Up to Fastest Pace Since 2022

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