Producer Price Index: Wholesale Inflation Increased Less Than Expected In December
Source: SeekingAlpha
2025-01-14 22:40:00 ET
Summary
- PPI for final demand was up 0.2% month-over-month for December seasonally adjusted, below the 0.4% forecast. Core PPI for final demand was flat, below the 0.3% forecast.
- The December PPI for finished goods rose 1.0% month-over-month seasonally adjusted, up from 0.9% the previous month.
- Wholesale inflation increased less than expected last month. However, it is currently at its highest level since February 2023.
By Jennifer Nash
Wholesale inflation increased less than expected last month. Here is the latest news release from the Bureau of Labor Statistics....
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Producer Price Index: Wholesale Inflation Increased Less Than Expected In December
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