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The Labor Department's producer price index climbed 6.5% year-over-year in October, the largest annual gain since November 2022, after rising 0.3% from September.
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The Producer Price Index rose 0.3% in October, with the annual rate reaching 6.5%, the largest increase since November 2022, as stocks fell and Treasury yields climbed.
China's consumer price index rose 0.7% year-on-year in October, while the producer price index rose 5.7%, the largest increase since June 2022.
