U.S. Producer Price Index Rose 0.8% In November

(For November 2010)

U.S. producer price index rose 0.8% in October vs. 0.6% consensus. October reading was at 0.4%. On year level PPI is up 3.5%.

Chart 1. U.S. Producer Price Index

Food & energy taken out U.S. producer price index rose 0.3% in November; consensus was at 0.2%; prior reading was at -0.6%. On year level core PPI is up 1.3%.

Chart 2. U.S. Producer Price Index – Core

Looks FED might after all get its way and produce some inflation.

This entry was posted on Tuesday, December 14th, 2010 at 8:13 am and is filed under U.S. Economic Data. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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