US PPI rises 0.2pc in November

(Sharecast News) - The US producer price index rose 0.2% month-on-month in November, according to the Bureau of Labor Statistics, hitting a reading of 150.71. On an annualised basis, producer prices increased by 3%.

November's goods PPI advanced 0.9% month-on-month, the services PPI was unchanced on the month.

Excluding volatile foods, energy, and trade services, so-called core PPI rose by 0.2% from October and 3.5% annually.









Reporting by Iain Gilbert at Sharecast.com