{
  "id": 19816577,
  "title": "US wholesale inflation at 6.5%, highest since 2022",
  "url": "https://urgent.news/2026/11/13/us-wholesale-inflation-at-6-5-highest-since-2022",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T13:55:55.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/international/world-news/us-wholesale-inflation-eases-in-october-but-remains-elevated-at-6-5-highest-since-2022/articleshow/135805820.cms"
  },
  "original_language": "en",
  "account": "Wholesale inflation in the United States rose to 6.5% last month, marking the highest level since November 2022, according to the Labor Department's producer price index. Despite a slight deceleration from the 1.4% increase in September, the index had surged 6.5% compared to the same period a year ago, signaling persistent higher prices that have negatively impacted consumer sentiment and bolstered Democrats in the recent midterm elections.\n\nThe data, released on Friday, indicates that wholesale inflation is still well above the Federal Reserve's 2% annual target, raising concerns about rising prices. On Tuesday, the consumer price index also showed an accelerated pace of inflation in October, fueled by increased costs across various goods and services. Some Federal Reserve officials indicated that further interest rate hikes might be necessary to curb inflationary pressures. These rate increases could subsequently lead to higher borrowing costs for long-term loans, including mortgages, auto loans, and credit card debts.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}