November 13, 2026
United States:
US Wholesale Inflation Picks Up to Fastest Pace Since 2022
US wholesale inflation climbed in October from a year earlier at the fastest pace since 2022, adding to evidence of mounting price pressures throughout the economy.
The producer price index rose 6.5% from October 2025, an acceleration from the prior month, according to Bureau of Labor Statistics data out Friday. On a monthly basis, the PPI increased 0.3%.
Europe:
Euro-Zone Shows Solid Growth as ECB Weighs Another Rate Hike
The euro-area economy confirmed its resilience to headwinds like the Iran war, giving the European Central Bank leeway to raise interest rates further to stem inflation.
Gross domestic product across the 21-member currency bloc rose 0.4% in the third quarter, Eurostat said Friday, matching an initial estimate from October. Analysts back then had only expected growth of half that pace.
Asia:
Global Oil Market Swings to Surplus on Gulf Exports, IEA Says
Global oil markets will swing to a supply surplus for the first time since the start of the Iran war as Persian Gulf exports recover despite the ongoing conflict, the International Energy Agency said.
“The oil market is showing tentative signs of rebalancing, with global oil supplies surpassing demand for the first time since the outbreak of the war in Iran,” the adviser to major economies said in a monthly report.
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