US PPI Surprises To The Upside In November
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The US producer price index (PPI) release was hotter-than-anticipated in November. Headline PPI for final demand was unchanged at 0.3% m/m, beating expectations of 0.2% m/m. Moreover, the core measure accelerated to 0.4% m/m from an upwardly revised 0.1% m/m,…
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