Producer prices rise 8.6%, matching September record high

Paul Wiseman

11/09/2021

Producer Prices — THE U.S. PRODUCER PRICE INDEX increased by 8.6% year over year in October. / AP FILE PHOTO/MATT ROURKE

WASHINGTON (AP) – Inflation at the wholesale level rose 8.6% last month from a year earlier, matching September's record annual gain and offering more evidence that inflationary pressures are not yet easing. The Labor Department reported Tuesday that its producer price index – which measures inflation before it hits consumers – rose 0.6% last month…

Register to keep reading or subscribe today and receive unlimited access.
Already a Subscriber?

If you have already logged in and are still seeing this message, please refresh the page as your browser is caching the old content.

Want to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.