WRAPUP 1-U.S. producer prices increase solidly in October - NewsBreak
By Shannon in Business
Updated 2 years ago
WASHINGTON, Nov 9 (Reuters) - U.S. producer prices increased solidly in October, driven by surging costs for gasoline and motor vehicle retailing, suggesting that high inflation could persist for a while amid tight supply chains related to the pandemic. The producer price index for final demand rose 0.6% last month...
