Washington DC, Nov. 13 -- Producer prices in the United States rose 6.5 per cent on an annual basis in October 2026, marking the highest 12-month increase since November 2022, according to data released by the US Bureau of Labor Statistics (BLS) on Friday.

The latest Producer Price Index (PPI) report showed that prices for final demand increased 0.3 per cent in October on a seasonally adjusted basis, following a 1.4 per cent rise in September and a 0.4 per cent increase in August.

"The Producer Price Index for final demand rose 0.3 percent in October, seasonally adjusted," the BLS stated in its release.

The report highlighted that the 6.5 per cent annual increase was the largest since November 2022, when producer prices had risen 7.4 p...