The wholesale inflation It showed higher than expected figures in the main index although the underlying index climbed below the market consensus. The Producer Price Index (PPI) rose 0.3% in October, against the expected 0.2%, making the annual rate go from 0.4% to 0.5%.
The underlying index, excluding the more volatile elements, it was up 0.1%, less than the 0.2% expected. Compared to twelve months ago, it increased 1.1%, less than the estimated 1.2%.
The data had no impact on the market. The dollar is falling slightly on Friday. The consumer confidence report will be published later.

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