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Wholesale prices rose less than expected in October, signaling persistent inflation ahead of Fed rate decision.

Market News
13 Nov 2026, 15:31 WIB
CNBC
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Bearish
Wholesale prices rose less than expected in October, signaling persistent inflation ahead of Fed rate decision.

In October, wholesale prices increased by 0.3%, slightly below expectations, while core producer prices also rose 0.3%, meeting forecasts. The annual headline producer price index (PPI) climbed 6.5%, the highest since November 2022, indicating persistent inflation pressures. This data comes ahead of the Federal Reserve's December meeting, where a quarter-point rate hike is widely anticipated amid concerns that inflation driven by factors like the Iran war, fuel prices, and tariffs may be spreading across the economy. Policymakers are worried inflation is becoming more entrenched, with broad-based price increases beyond energy and tariffs.

Wholesale prices and inflation trends provide context as of Nov 13, 2026 19:21 WIB. For readers following US stocks on Pluang, 105 out of 150 priced stocks rose while 42 fell. Notable movers include Tencent Music Entertainment Group (TME) at USD 8.88 with a 1-day change of -1.55%, Xpeng Inc (XPEV) at USD 9.32 down 1.48%, and Amazon.com Inc (AMZN) at USD 270.99 up 1.33%.

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