Latest Breaking News

https://www.bls.gov/news.release/ppi.nr0.htm

(same but with a "www" ) Maybe it's just my browser or my antivirus software.

The BLS seemingly favors this measure of core, given that they present it in the third paragraph of their narrative (and only show the one ex food and energy in the tables) :

(I added emphasis)

Anyway the two are the same this month:

Oct: +0.3%, 12 mo: +3.5%   Core #1 (all items less food & energy)
Oct: +0.3%, 12 mo: +3.5%   Core #2 (all items less food, energy, and trade services)

Trade services is very volatile, so that's a reason to pull it out when looking at underlying inflation trends for predicting future wholesale inflation (the same rationale for pulling out food and energy).

The BLS report doesn't have the year over year for Core #1 anywhere that I can find (at least on that page, it might be in some linked tables), so I'm using the 3.5% from the OP Marketwatch report. The other 3 numbers in the table are from the BLS report and tables (the 0.3% for October agrees with Marketwatch).. The month-to-month numbers for the last 3 months are identical: +0.2%, +0.1%, +0.3%.

Sometimes they differ a lot.