US November Producer Price Index Rises to 3%, Highest Since July

In November, the US Producer Price Index (PPI) increased 0.2% month-on-month, matching forecasts, and rose 3% year-on-year, above the projected 2.7%, marking its highest level since July. Core PPI remained flat monthly but also rose 3% yearly, exceeding expectations. These figures signal sustained inflationary pressures despite stable core monthly prices.

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