Business & Finance · November 13, 2026
Wholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years
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In October, the U.S. Producer Price Index (PPI) rose 0.3%, according to Bureau of Labor Statistics data released Friday. While this monthly increase was slightly lower than the 0.4% forecast by economists, the annual wholesale inflation rate climbed to 6.5%, the highest level since November 2022. Core PPI, which excludes food and energy, rose 0.3% for the month and 5.2% annually. Despite some easing in energy prices compared to September's sharp spike, price pressures broadened in other sectors, including food and goods. Following the report, markets continue to expect the Federal Reserve to raise interest rates at its December meeting.
Read the original coverage
US Wholesale Inflation Climbs to Fastest Pace Since 2022
Read at Bloomberg ↗- New York PostTabloid
Wholesale inflation jumps 6.5% from last year — biggest increase since 2022: ‘No silver lining’
Read at New York Post ↗ - Washington ExaminerMainstream
Producer prices rose to 6.5% in October
Read at Washington Examiner ↗ - Washington TimesMainstream
Wholesale prices rose slightly less than expected in October
Read at Washington Times ↗ - CNBCMainstream
Wholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years
Read at CNBC ↗ - BreitbartMainstream
U.S. Producer Inflation Hits Four-Year High as Goods Prices Climb Despite Energy Relief
Read at Breitbart ↗ - The Epoch TimesMainstream
US Producer Inflation Lower Than Expected in October
Read at The Epoch Times ↗
Reported by multiple outlets
- The Producer Price Index rose 0.3% in October.
- The annual wholesale inflation rate reached 6.5% for the 12 months ended in October.
- The 6.5% annual rate is the highest since November 2022.
- The monthly increase of 0.3% was slightly below the consensus expectation of 0.4%.
- September's monthly PPI increase was upwardly revised from 1.3% to 1.4%.
Reported by only some outlets
- Core PPI (excluding food and energy) rose 0.3% in October.
- Annual core PPI reached 5.2% according to Breitbart, while CNN reported it as 5%.
- Food prices rose 1.3% in October, the fastest in eight months.
- Goods prices increased 0.5% in October and 10.2% annually.
- Energy prices for final demand dropped 0.1% overall, with diesel fuel prices falling 7.9%.
- Truck freight prices rose 3.9%, driving the increase in service costs.
- The Federal Reserve's next policy meeting is scheduled for December 8-9.
Industry-friendly coverage frames it as…
Industry-focused coverage highlights that while the monthly increase was slightly lower than forecasts, core price pressures in goods and transportation persist, necessitating continued interest rate hikes from the Federal Reserve to stabilize the market.
Skeptical / consumer coverage frames it as…
Skeptical coverage emphasizes the 'affordability crisis' and the fact that businesses are likely to pass these 'factory gate' price increases onto consumers, suggesting the inflation peak is not yet over despite slight monthly easing.
Numbers that differ
- Annual Core PPI: CNN reports 5%; Breitbart reports 5.2%.
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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.