Inflation, as measured by the producer price index, rose two-tenths of a percentage point to 6.5% for the year ending in October, the Bureau of Labor Statistics reported Friday.

Economists have been closely watching PPI reports and other inflation data amid the war with Iran and concerns that higher energy prices will filter through to overall inflation.

Recommended Stories

Inflation rose to 2.8% in September in Fed’s preferred gauge, delayed report shows

Inflation ticked up to 2.6% in June in Fed’s preferred gauge

Inflation rose to 3.5% in March in Fed’s preferred gauge because of Iran war fallout