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US Producer Prices Rise Sharply in December, Exceeding Expectations
(MENAFN) US producer prices increased more than anticipated in December, with the Producer Price Index (PPI) climbing 3% year-on-year, according to data released Friday by the Bureau of Labor Statistics.
The reading surpassed expectations of 2.7% and matched November’s 3% pace. On a month-to-month basis, the PPI rose 0.5%, above the forecasted 0.3% increase.
“The December increase in prices for final demand can be traced to a 0.7% advance in the index for final demand services. Prices for final demand goods were unchanged,” the bureau said. It added that two-thirds of the rise in final demand services stemmed from a 1.7% jump in margins for final demand trade services.
Prices for final demand excluding food, energy, and trade services increased 0.4% in December, marking the eighth consecutive monthly gain. “Prices for final demand less foods, energy, and trade services rose 3.5% in 2025 following a 3.6% advance in 2024,” the agency noted.
Core PPI, which strips out volatile food and energy costs, rose 0.7% month-on-month in December, significantly above the projected 0.2% increase.
The reading surpassed expectations of 2.7% and matched November’s 3% pace. On a month-to-month basis, the PPI rose 0.5%, above the forecasted 0.3% increase.
“The December increase in prices for final demand can be traced to a 0.7% advance in the index for final demand services. Prices for final demand goods were unchanged,” the bureau said. It added that two-thirds of the rise in final demand services stemmed from a 1.7% jump in margins for final demand trade services.
Prices for final demand excluding food, energy, and trade services increased 0.4% in December, marking the eighth consecutive monthly gain. “Prices for final demand less foods, energy, and trade services rose 3.5% in 2025 following a 3.6% advance in 2024,” the agency noted.
Core PPI, which strips out volatile food and energy costs, rose 0.7% month-on-month in December, significantly above the projected 0.2% increase.
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