U.S. Producer Price Index Rose 1.1% In December

(For December 2010)

U.S. producer price index rose 1.1% in December vs. 0.8% consensus. November reading was also at 0.8%. On year level PPI is up 4.1%.

Chart 1. U.S. Producer Price Index

Food & energy taken out U.S. producer price index rose 0.2% in December; consensus was also at 0.2%; prior reading was at 0.3%. On year level core PPI is up 1.4%.

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

Looks like FED is getting its way – succeeding in producing inflation.


This entry was posted on Thursday, January 13th, 2011 at 7:59 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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