Producer Prices Flat in November
Washington, DC, December 12, 2019-- The Producer Price Index for final demand was unchanged in November, the U.S. Bureau of Labor Statistics reported.
Final demand prices increased 0.4% in October and fell 0.3% in September.
On an unadjusted basis, the final demand index advanced 1.1% for the 12 months ended in November.
In November, a 0.3% rise in prices for final demand goods offset a 0.3% decrease in the index for final demand services.
The index for final demand less foods, energy, and trade services was unchanged in November after inching up 0.1% in October. For the 12 months ended in November, prices for final demand less foods, energy, and trade services moved up 1.3%, the smallest advance since climbing 1.3% in the 12 months ended September 2016.