“Biggest annual gain since 2010” from November US PPI

14 December 2021

 

Summary: Prices received by US producers (PPI) rise by 0.8% in October, above expectations; annual rate up from 8.8% to 9.7%; “core” PPI increases by 0.7%; biggest annual gain since 2010. Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which continued through 2019. Months in which producer prices increased suggested the trend may have been coming to an end,...

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