U.S. PPI for final demand remained unchanged for November 2019

December 12, 2019

Final demand for the Producer Price Index remained unchanged in November 2019, seasonally adjusted according to U.S. Bureau of Labor Statistics. Final demand prices rose 0.4% in October and fell 0.3% in September. On an unadjusted basis, the final demand index increased 1.1% for the 12 months ended in November.

The index for final demand less foods, energy, and trade services was also unchanged in the month of November after climbing 0.1% in October. Notably, the index over the past twelve months ended November depicted an upwards trend with a 1.3% advance.

Final demand services fell 0.3%, the largest decline since February 2017. Approximately over two-thirds of the broad base decrease can be linked to a 0.6% decline in margins for final demand trade services. BLS highlighted, “Prices for final demand services less trade, transportation, and warehousing went down 0.1%, and the index for final demand transportation and warehousing services decreased 0.3%.”

A growth of 0.3% was observed in prices for final demand goods. This performance stemmed from prices for final demand foods, which moved up 1.1%.The index for final demand energy advanced 0.6%, while prices for final demand goods less foods and energy rose 0.2%.

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