PPI just landed: wholesale prices +0.3% in October, a touch cooler than the 0.4% forecast 📊 But the year-over-year rate jumped to 6.5%, the highest since Nove

PPI just landed: wholesale prices +0.3% in October, a touch cooler than the 0.4% forecast 📊 But the year-over-year rate jumped to 6.5%, the highest since November 2022. • Core PPI (ex food & energy): +0.3%, in line • Ex food, energy & trade: +0.5% • Goods +0.5% (10.2% YoY), services +0.2% • Truck…