Producer Prices in the United States increased 9.60% in November of 2021 over the same month in the previous year. Producers Price Index 9.6% month on month variance simmetryc of 2007 peak records, with caveat of increasing PPI pressure
Producer prices for final demand in the US increased 0.8% from a month earlier in November of 2021, the most since July and above market expectations of 0.5%. Over 60% of the October increase can be traced to a 1.2% rise in prices for final demand goods. Also, the index for final demand services moved up 0.2%, and prices for final demand construction advanced 6.6%. Year on year, producer inflation rose to a fresh record of 9.6%, above forecasts of 9.2%.
Producer Prices in the United States increased to 129.70 points in October from 128.90 points in September of 2021.