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via cnbc.comEconomy

Wholesale prices rise 0.3% in October, slightly less than expected

FROM THE WIRE · CNBC.COM

The producer price index was expected to increase 0.4% in October, according to the Dow Jones consensus.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishProducer inflation slightly below expectations, supportive for bond yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The producer price index rose 0.3% in October.
  2. 02The Dow Jones consensus expected a 0.4% increase.
  3. 03The reading came in slightly below forecasts.

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