U.S. Producer Inflation Hits Four-Year High
Wholesale prices rose in October, keeping inflation well above the Fed's target.
November 13, 2026 · Updated 3:45pm ET
CNNWholesale inflation rose in October to highest annual rate in nearly four years
CNBCWholesale prices rose 0.3% in October, putting annual rate at 6.5%, the highest in nearly four years
New York PostWholesale inflation jumps 6.5% from last year — biggest increase since 2022: ‘No silver lining’
Raw StoryEconomist flags ‘smoking hot’ warning sign in report on brewing price shock
UPIAnnual inflation hit 6.5% in October, over triple the Fed target
Epoch TimesUS Producer Inflation Lower Than Expected in October
Daily Kos‘Unlikely to be much relief’: Inflation spikes to highest in 4 years
ABC NewsWholesale inflation declined last month yet remains stubbornly elevated
Breitbart NewsU.S. Producer Inflation Hits Four-Year High as Goods Prices Climb Despite Energy Relief
Joe.My.God.Labor Dept: Annual Wholesale Inflation Rate Hits 6.5%
AxiosHigh transportation costs drive wholesale prices
Washington TimesWholesale prices rose slightly less than expected in October
The HillWholesale inflation declined last month yet remains stubbornly elevated
Just the NewsWholesale prices increased 0.3% in October, less than forecasted, but inflation pressures persist
CBS NewsInflation isn't going away. Here's what that means for interest rates.
Daily CallerMajor Inflation Indicator Hits Highest Rate Since Biden Era
ZeroHedgeRate-Hike Odds Steady As Food & AI Lift Producer Price Inflation To 4 Year High
20%
Left · 4
35%
Center · 7
45%
Right · 9
Pano rates the coverage Leans Right.
What happened
- U.S. wholesale inflation reached 6.5% in October from a year earlier, the highest rate since November 2022, the Labor DepartmentDepartment of LaborU.S. federal department that regulates workers' rights and labor markets reported Friday.
- Producer prices rose 0.3% from September, below economists’ forecast of 0.4% and down sharply from September’s 1.4% increase.
- Wholesale food prices climbed 1.3% in October, with vegetable prices jumping 26.7% as high diesel costs continued to raise transportation expenses.
- Excluding food and energy, producer prices rose 0.3% for the month and 5% over the past year, showing price pressures extended beyond fuel.
- Markets expect the Federal Reserve to raise interest rates by a quarter percentage point at its Dec. 8-9 meeting, with a smaller chance of a half-point increase.
How the left told it
Left-leaning outlets emphasized the risk that rising business costs would bring more pain for consumers. CNN highlighted energy costs rippling through supply chains, while Raw Story quoted an economist calling business inflation “smoking hot.” Daily Kos added a political argument, criticizing Trump’s dismissal of affordability concerns.
How the right told it
Right-leaning outlets generally emphasized persistent inflation despite a softer monthly reading. The New York Post quoted an economist saying there was “no silver lining,” and Breitbart highlighted rising goods prices despite energy relief. The Epoch Times offered a more hopeful emphasis, saying the below-forecast increase suggested pressures “may be moderating.”
Fed Rate Hike Fight
Part of the storyline · Storyline →- Nov 13U.S. Producer Inflation Hits Four-Year High (this story)Leans Right
- Nov 10US Inflation Exceeds ExpectationsBalanced
- Oct 29U.S. Economy Grew 3.4%Leans Right
- Oct 28Fed Holds Interest Rates SteadyBalanced
- Oct 26Inflation Threatens Republican Control Of CongressMostly Left
