U.S. PPI inflation jumped to 3.0% YoY in November, beating forecasts of 2.7%.
Core PPI also came in hotter than expected at 3.0%, the highest level since July 2025.
Rate cuts may be off the table
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
JUST IN: Producer prices are heating up again.
U.S. PPI inflation jumped to 3.0% YoY in November, beating forecasts of 2.7%.
Core PPI also came in hotter than expected at 3.0%, the highest level since July 2025.
Rate cuts may be off the table