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US: Annual PPI Rises to 9.6% in November

Adel 14 December, 2021 5:45 pm Market Update

The headline US Producer Price Index (PPI) rose at an annual pace of 9.6% in November, according to the latest report from the US Bureau of Labor Statistics on Tuesday. That was above the median economist forecast for 9.2%. MoM, PPI came in at 0.8% in November, also well above expectations for a 0.5% MoM gain.

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