“The Producer Price Index for final demand fell 0.2 percent in December, seasonally adjusted,” the U.S. Bureau of Labor Statistics reported on Tuesday.
Key takeaways from the press release
- Final demand prices advanced 0.1 percent in November and 0.6 percent in October.
- On an unadjusted basis, the final demand index moved up 2.5 percent in 2018, the same as in 2017.
- The index for final demand less foods, energy, and trade services was unchanged in December following a 0.3-percent rise in November.
- In 2018, prices for final demand less foods, energy, and trade services advanced 2.8 percent following a 2.3-percent increase in 2017.
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