"The Producer Price Index for final demand increased 0.4 percent in October, seasonally adjusted," the U.S. Bureau of Labor Statistics announced on Tuesday.
Final demand prices advanced 0.4 percent in September and 0.2 percent in August.
On an unadjusted basis, the final demand index increased 2.8 percent for the 12 months ended in October, the largest rise since an advance of 2.8 percent for the 12 months ended February 2012.
Within final demand in October, prices for final demand services rose 0.5 percent, and the index for final demand goods moved up 0.3 percent.
Prices for final demand less foods, energy, and trade services rose 0.2 percent in October.
For the 12 months ended in October, the index for final demand less foods, energy, and trade services advanced 2.3 percent.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.