EL7.AI
Macro EconomyMedium•13 November 2026•
1 min read

US PPI Rises to 6.5% in October, Slightly Below Market Forecasts

Key Facts

1The US annual producer price index rose to 6.5% in October, coming in slightly below the 6.6% forecast.
2The monthly producer price index increased by 0.3%, slightly missing the 0.4% expectation.
3The data lifted the implied odds of a 25-basis-point Federal Reserve rate hike in December to 91%.

The US annual producer price index rose to 6.5% in October, coming in slightly below the 6.6% forecast. TokenPost reported that the monthly producer price index increased by 0.3%, marginally missing the 0.4% expectation. The data lifted the implied odds of a 25-basis-point Federal Reserve rate hike in December to 91%.

These figures follow mixed inflationary signals, with the monthly consumer inflation rate recorded at 0.4% on November 10, 2026, and initial jobless claims reaching 200,000 on November 12, 2026. While wholesale inflation remains at elevated levels, the slight miss versus estimates provides context for the monetary policy path under Federal Reserve Chair Kevin Warsh.

Federal Reserve Chair Kevin Warsh is scheduled to deliver a speech on November 16, 2026, which may provide further clarity on interest rate expectations following this latest inflation data.