Producer prices rise 0.3 percent in October, 6.5 percent on the year

What happened

The Bureau of Labor Statistics' Producer Price Indexes, October 2026, released Friday 13 November, showed the prices U.S. producers receive for final demand up 0.3 percent in the month, seasonally adjusted. ^[1]

The index was 6.5 percent higher than a year earlier, the largest 12-month rise since November 2022, the bureau said. The October gain followed increases of 1.4 percent in September and 0.4 percent in August. ^[1]

Why it matters

A month earlier the bureau reported a 12-month rise of 6.3 percent for September, then the largest since December 2022. Processed goods that businesses buy as inputs were 14.6 percent higher than a year earlier, the October release said. A narrower gauge, which leaves out foods, energy and trade services, was up 4.9 percent over 12 months. ^{[1, 2]}

What moved in October

Goods prices were up 0.5 percent and food prices up 1.3 percent, while energy edged down 0.1 percent, the bureau said. Over 60 percent of the goods advance came from goods other than food and energy, led by basic organic chemicals, up 3.9 percent. ^[1]

Services prices were up 0.2 percent. Transportation and warehousing services were up 2.0 percent, led by truck freight at 3.9 percent, while trade margins, the markups of wholesalers and retailers, were down 0.2 percent, the bureau reported. ^[1]

Energy reversed part of an earlier climb: diesel fuel fell 7.9 percent in October, the release said. In September, energy prices had been 35.4 percent higher than a year before, led by a 64.3 percent rise in gasoline, the bureau wrote. ^{[1, 2]}

What settles it next

The bureau publishes the November index on Tuesday 15 December at 8:30 a.m. Eastern time. ^[1]

Who it reaches

Knight-Swift (KNX) and J.B. Hunt (JBHT) are adjacent: the index for truck transportation of freight, the prices carriers receive, was up 3.9 percent in October, the bureau said. ^[1]

Dow (DOW) and LyondellBasell (LYB) are adjacent: the index for basic organic chemicals, a product both sell, was up 3.9 percent in the month, the bureau said. ^[1]