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Tuesday, October 26, 2021
HomeNewsPPI: Producer Prices Match Median Forecast in December

PPI: Producer Prices Match Median Forecast in December

producer-price-index-ppi
producer-price-index-ppi

The Producer Price Index (PPI) reported by the Labor Department Bureau of Labor Statistics.

The Labor Department reported Friday the Producer Price Index (PPI) finds prices at the wholesale level increased 0.3% in December, matching expectations.

Prices for final demand less foods, energy, and trade services inched up 0.1% after gaining 0.2% the month before. In 2016, the index for final demand less foods, energy, and trade services increased 1.7% after a 0.3% gain in 2015.

Prices excluding the volatile food and energy components rose 0.2%. Wall St expected a rise of 0.1%.

Written by
Staff Writing Group

PPD Business, the economy-reporting arm of People's Pundit Daily, is "making sense of current events." We are a no-holds barred, news reporting pundit of, by, and for the people.

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