According to the U.S. Bureau of Labor Statistics, the Producer Price Index (PPI) for final demand increased by 0.4%in November on a seasonally adjusted basis.
This follows a 0.3% rise in October and a 0.2% increase in September. On an unadjusted basis, the index for final demand rose by 3.0% over the 12 months ending in November, marking the largest annual increase since a 4.7% rise for the 12 months ending in February 2023.
In November, nearly 60% of the overall increase in final demand prices was driven by a 0.7% rise in the index for final demand goods. Prices for final demand services increased by 0.2%.
The index for final demand excluding food, energy, and trade services edged up by 0.1% in November, following a 0.3% rise in October. Over the 12 months ending in November, prices for final demand excluding food, energy, and trade services increased by 3.5%.
Source: U.S. Bureau of Labor Statistics
Global markets remained defensive as stalled U.S.–Iran negotiations and persistent Middle East tensions continued to fuel inflation concerns and strengthen the dollar.
Global markets remained under pressure as persistent inflation concerns and stalled U.S.–Iran diplomacy reinforced expectations for tighter monetary policy.
Detail Yields Rise While Metals Trade Mixed (05.13.2026)Global markets turned cautious as escalating U.S.–Iran tensions and stronger U.S. inflation data reinforced expectations for higher interest rates.
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