Wholesale Inflation Sees Fastest Increase in 3 Months

Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the annual rate of 2.4% recorded during the previous month.
US inflation may have picked up in October after months of easing
Annual inflation may have risen in October for the first time in seven months, a sign that price increases might be leveling off after steadily cooling for more than two years. Consumer prices are thought to have increased 2.
Wholesale Inflation Sees Fastest Increase in Three Months
Key Takeaways The Producer Price Index delivered a higher-than-expected annual wholesale inflation rate of 2.4% in October.That was the highest level in three months and above analysts' expectations.Economists don’t expect the higher inflation data to derail an expected December interest rate cut by the Federal Reserve,
Rent inflation has been slowly cooling down for 18 months
While shelter costs are up from last year, according the consumer price index, other data shows rents have been falling in some metro areas.
US inflation cools to 3.2 per cent in October as fuel prices drop
Markets rallied after US inflation cooled more than expected in October. The rate of US consumer price rises cooled amid lower petrol prices and slowing increases in housing costs. Inflation in the US eased last month,
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Bitcoin climbs above $91,000 for the first time as investors digest postelection gains, inflation data
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