U.S. producer prices excluding the volatile food and energy categories rose more than expected in October as costs for automobiles and prescription drugs climbed, the government said.

The core rate of the producer price index, which excludes food and energy costs, rose 0.3% last month after increasing 0.8% in September. A 1.1% increase in passenger car prices and a 0.8% rise for light trucks accounted for most of the core rate's gain.

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