U.S. October PPI Rises 0.2%, Core Rate Climbs 0.4%

The video discusses recent inflation numbers, highlighting a higher-than-expected increase in the Producer Price Index (PPI) for October. It notes that wholesale prices rose unexpectedly, driven by higher costs in services and food, despite a previous decline. The Bloomberg survey had anticipated a slight decrease, but the actual data showed a rise. The futures market remains relatively unchanged as the opening bell approaches.

What was the median estimate for the change in wholesale prices?

What was the change in wholesale prices excluding food and energy from the previous month?