U.S. producer prices rise by 6.5% year-over-year in October
U.S. producer prices grew by 6.5% in the 12 months ending in October, the largest such rise since November 2022, potentially bolstering the case for the Federal Reserve to lift interest rates to corral inflationary pressures. However, economists had anticipated the reading from the Labor Department would speed up to 6.6% from 6.3% in the ...
We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.
