Business · Economy · 2 hrs ago
US wholesale inflation reaches nearly four-year high in October
Annual wholesale inflation reached a nearly four-year high in October, according to the Bureau of Labor Statistics.
The increase was reported in the United States.
The producer price index rose during the month, the agency said.
The index is also known as the PPI.
The high marks a notable rise in wholesale inflation compared with its level in recent years.
The available information does not give the size of the increase or say what happens next.
US wholesale annual inflation reached a nearly four-year high in October.
The Bureau of Labor Statistics reported the increase on Friday.
The report measures wholesale inflation using the producer price index.
The article does not state the size or cause of the increase.
- Who
- The Bureau of Labor Statistics reported the figures.
- What
- US wholesale annual inflation reached a nearly four-year high.
- When
- October. The report was released on Friday.
- Where
- The United States.
- Why
- Not stated
This story does not have two clearly opposing sides.
This story does not have a timeline yet.
- Measure
- Producer price index (PPI)
- Period
- October
- Inflation level
- Nearly four-year high
- Reporting agency
- Bureau of Labor Statistics (BLS)