US producer prices fall more than expected in November
Economies.com
2019-12-12 13:42PM UTC
At 13:30 GMT, the US economy released its PPI reading for November, which held at 0%, lower than forecasts of rising by 0.2%, and lower than the previous reading of 0.4%.
The core PPI reading (excluding food and fuel prices) fell by 0.2%, lower than forecasts of a rise by 0.2% and lower than the previous reading of 0.3%. This data is considered negative for the US dollar.
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