Producer Price Index Rises 0.6% in October; Largest Jump in 6 Years

According to MDM, The Producer Price Index for final demand increased 0.6 percent in October, the largest jump in six years, according to the U.S. Bureau of Labor Statistics. Final demand prices advanced 0.2 percent in September and declined 0.1 percent in August. On an unadjusted basis, the final demand index increased 2.9 percent for the 12 months ended in October.

For more information, click here.