Home | News & Opinion | Producer prices plunge in December

Producer prices plunge in December

By
Font size: Decrease font Enlarge font
Producer prices plunge in December

Largest drop in the PPI in three years.

The seasonally-adjusted Producer Price Index for final demand fell 0.3% in December, the U.S. Bureau of Labor Statistics reported today.  This followed a decrease of 0.2% in November.  It was the largest drop in three years.

Analysts had expected a 0.4% decrease.

In the 12 months through November, producer prices increased 1.1%.

Producer prices excluding volatile food and energy costs increased 0.1%, and have increased 1.3% in the 12 months through December.

Click here to see the full report.

Join PRESIDENT&CEO on LinkedIn

Subscribe to comments feed Comments (0 posted)

total: | displaying:

Post your comment

  • Bold
  • Italic
  • Underline
  • Quote

Please enter the code you see in the image:

Captcha