U.S. PPI for final demand fell 0.1% in December 2023
Michael Phang2024-01-12T11:00:40-05:00January 12, 2024 The U.S. Bureau of Labor Statistics revealed that the Producer Price Index (PPI) for final demand experienced a 0.1 percent decline in December 2023, continuing a downward trend observed in November and October. This decrease was primarily driven by a 0.4-percent drop in prices for final demand goods, while the index for