Wholesale prices rose 0.4% in November, more than expected

• The producer price index increased 0.4% for November, higher than the Dow Jones consensus estimate for 0.2%.
• However, excluding food and energy, core PPI increased 0.2%, meeting the forecast.
• First-time claims for unemployment insurance totaled a seasonally adjusted 242,000 for the week ending Dec. 7, versus the 220,000 forecast and up 17,000 from the prior period.

https://www.cnbc.com/2024/12/12/producer-price-index-november-2024-.html