US PPI rises 2.5% y/y in November vs 2.5% expected and 2.9% previous

"The Producer Price Index for final demand edged up 0.1 percent in November, seasonally adjusted," the U.S. Bureau of Labor Statistics reported today. 

Key highlights:

   •  Final demand prices advanced 0.6 percent in October and 0.2 percent in September. 
   •  On an unadjusted basis, the final demand index moved up 2.5 percent for the 12 months ended in November.
   •  The index for final demand less foods, energy, and trade services moved up 0.3 percent in November, the third consecutive increase. 
   •  For the 12 months ended in November, prices for final demand less foods, energy, and trade services advanced 2.8 percent.