FX.co ★ US Producer Inflation Picks Up in November

In November 2025, U.S. producer prices increased by 0.2% from the previous month, rising from the 0.1% growth seen in October and aligning with market predictions, as reported by delayed data from the Bureau of Labor Statistics. The most significant factor was a 0.9% leap in goods prices, marking the highest monthly rise since February 2024, driven by a 4.6% increase in energy costs. When excluding food and energy, prices for goods intended for final demand rose by 0.2%, while prices for final demand food remained static. Service prices did not change after a 0.3% increase in October. Meanwhile, the core Producer Price Index (PPI)—which omits food and energy—remained unchanged monthly, reflecting a sharp slowdown from October's 0.3% increase and falling short of the anticipated 0.2% rise. Annually, the headline producer inflation edged up to 3.0% from 2.8%, exceeding expectations of 2.7%. Core producer inflation similarly rose to 3.0% from 2.9%, also surpassing the forecast of 2.7%.