Daily Roundup of Key US Economic Data for Dec. 12
2024-12-13
Category: economic

The PPI rose by 0.4% in November following a 0.3% gain in October, with energy prices up 0.2% and food prices up 3.1%. 
Core prices, which exclude food and energy, rose by 0.2% after a 0.3% gain in the previous month. 
The year-over-year rise in producer prices accelerated to 3% from 2.6% in the prior month, while core prices remained at a 3.4% year-over-year rate. 
Initial jobless claims jumped by 17,000 to 242,000 in the week ended Dec. 7 lifting the four-week moving average by 5,750 to 224,250, a second straight increase after five declines. 
Insured claims rose by 15,000 to 1.886 million in the week ended Nov. 30. 
Natural gas stocks fell by 190 billion cubic feet to 3.747 trillion cubic feet in the week ended Dec. 6, up 1.8% from a year earlier and 4.6% higher than the seasonal average for the current week over the previous five years.