US Producer Price Index rose 0.2 percent in November as energy costs surged
Producer prices rose 0.2 percent in November as energy costs jumped 4.6 percent. Businesses absorbed tariff costs to protect consumers, causing margins to fall.
洞察:
The United States 
USBureau of Labor Statistics reported that the Producer Price Index for final demand rose 0.2 percent in November 2024. This increase followed a 0.1 percent rise in October and matched the forecasts of economists polled by Reuters. On a year-over-year basis, producer inflation advanced to 3.0 percent, up from 2.8 percent in October. This report marks the first complete economic snapshot since a record 43-day government shutdown disrupted national data collection.
USBureau of Labor Statistics reported that the Producer Price Index for final demand rose 0.2 percent in November 2024. This increase followed a 0.1 percent rise in October and matched the forecasts of economists polled by Reuters. On a year-over-year basis, producer inflation advanced to 3.0 percent, up from 2.8 percent in October. This report marks the first complete economic snapshot since a record 43-day government shutdown disrupted national data collection.The primary driver of the monthly increase was a significant rebound in producer goods prices, which climbed 0.9 percent. This represents the largest gain since February 2024 and follows a decline of 0.4 percent in October. The movement was largely dictated by the energy sector, as prices for Crude Oil WTI and other fuels jumped 4.6 percent. This surge accounted for more than 80 percent of the total increase in goods prices, a trend closely monitored by investors in the Energy Select Sector SPDR Fund .
