US Monthly Producer Inflation Steady, Annual Rate Up
2024-12-12
Category: economic

Factory gate prices in the US are expected to have risen 0.2% month-over-month in November 2024, the same as in October.
On an annual basis, producer price inflation is anticipated to accelerate for a second straight month to 2.6% from 2.4%.
Meanwhile, the core PPI which excludes volatile categories like food and energy, is projected to rise 0.2% on the month, below 0.3% in October, but the annual core rate likely edged up to 3.2% from 3.1%.