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Producer Prices Surge At Fastest Rate In Almost 6 Years

zerohedge.com / by Tyler Durden / Nov 14, 2017 8:35 AM

Following September’s hotter-than-expected Core PPI (and 5Y high in PPI), October was expected to see a modest slowdown but headline PPI printed a massive 2.8% YoY (smashing the 2.4% exp). This is the hottest PPI since Jan 2012,  driven by surges in fuel prices and drugs.

Core PPI also beat expectations, rising 2.4% YoY (vs 2.2% exp) – also the highest since Feb 2012…

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