<ul><li>Prior -2.9%</li><li>PPI +27.1% vs +27.5% y/y expected</li><li>Prior +30.8%</li></ul><p style=““ class=“text-align-justify“>The drop in producer prices in November was largely to do with the energy sector (-2.2%) with intermediate goods (-0.4%) also showing a marginal decline. Elsewhere, the prices for durable consumer goods (+0.2%), capital goods (+0.3%) and non-durable consumer goods (+0.6%) all moved higher. If you exclude energy, prices for the total industry actually increased by 0.1%.</p>
This article was written by Justin Low at www.forexlive.com.