US PPI final demand for November 2019

  • PPI final demand MoM 0.0% versus 0.2% estimate. Prior month 0.4%
  • PPI ex food and energy MoM -0.2% versus +0.2% estimate. Prior month 0.3%
  • PPI ex food, energy and trade MoM 0.0% versus 0.2% estimate. Prior month 0.1%
  • PPI final demand YoY 1.1% versus 1.3% estimate. Prior month 1.1%
  • PPI ex food and energy YoY 1.3% versus 1.7% estimate. Prior month .6%
  • PPI ex, food, energy, and trade YoY 1.3% versus 1.5% last month

Overall, the data points to muted input prices and that should help to keep consumer prices in check.