Producer Prices Unchanged in November After Declining in October
Washington, DC, December 13, 2023-The Producer Price Index for final demand was unchanged in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported. Final demand prices decreased 0.4% in October and rose 0.4% in September.
On an unadjusted basis, the index for final demand increased 0.9% for the 12 months ended in November.
In November, the indexes for both final demand goods and for final demand services were unchanged.
The index for final demand less foods, energy, and trade services edged up 0.1% in November, the sixth consecutive advance. For the 12 months ended in November, prices for final demand less foods, energy, and trade services rose 2.5%.