US Producer Prices Rise in November

Producer prices in the United States rose slightly last month, in line with expectations that inflation could start to rise in the near term, data showed on Friday.

The US producer price index (PPI) increased by 0.1% in November, after rising by 0.3% in October, according to data by the US Department of Labor.

The market remains affected by the increase in the number of new Coronavirus cases across the states.