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Headline producer price index drops 0.5% in October, largest decline since April 2020

Por: MarketWatch Politics November 15, 2023

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Over the past year, headline PPI is up 1.3% in October down from 2.2% in the prior month. Core prices are up 2.9% from a year earlier, up/down from 3% in October. Key details The cost of goods fell 1.4% in October after a 0.8% gain in the prior month. The cost of services was flat last month, down from 0.2% gain in September. Energy prices fell 6.5% in October, down from a 3.1% gain in the prior month. Wholesale food prices fell 0.2% after a... + full article



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