US PPI for final demand fell -0.1% mom in December, below expectation of 0.1% mom. PPI goods was down -0.4% mom while PPI services was unchanged. PPI less foods, energy and trade services rose 0.2% mom.
For the 12-month period, PPI rose from 0.8% yoy to 1.0% yoy, below expectation of 1.3% yoy. PPI less foods, energy and trade services rose from 2.4% yoy to 2.5% yoy.
