Producer price index growth cools in November

 

• November Producer Price Index: +0.1% vs. +0.1% consensus and +0.3% prior.
• Slows from 0.3% increase in October and 0.4% rise in September.
• +0.8% Y/Y vs. +0.7% consensus and +0.5% prior; the Y/Y increase is the largest advance since February, when the index rose 1.1% Y/Y.
• Core PPI: +0.1% vs. +0.2% consensus and +0.1% prior.
• +1.4% Y/Y vs. +1.3% consensus, +1.1% prior.