US PPI for final demand rose 0.3% mom in November, above expectation of 0.1% mom. PPI services rose 0.4% mom while PPI goods rose 0.1% mom. PPI less foods, energy, and trade services rose 0.3% mom.
For the 12 months ended in November, PPI rose 7.4% yoy, down from October’s 8.1% yoy, matched expectations. PPI less foods, energy, and trade services rose 4.9% yoy,
