The U.S. Producer Price Index (PPI) increased by 3.0% year-over-year in November, exceeding market expectations and accelerating from the previous month. This suggests that upstream inflation remains elevated despite signs of cooling in consumer inflation. The stronger PPI complicates prospects for Federal Reserve rate cuts as persistent input cost inflation may delay monetary easing into early 2026.
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[IMPORTANT] U.S. November Producer Inflation Surges 3%, Raising Concerns Over Persistent Price Pr...
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