United States Core Producer Prices MoM

Core producer prices in the United States, which exclude food and energy costs, rose by 0.3% from the previous month in October of 2024, up from a 0.2% increase in September and aligning with market expectations. From the previous year, core producer prices rose by 3.1% in October, the most in four months, following an upwardly revised 2.9% increase in the prior month and slightly above forecasts of a 3% advance.