Goods prices increased at the largest monthly gain since February 2024.
Shipping containers to be transferred from the port of Long Beach, Calif., on Oct. 14, 2021. John Fredricks/The Epoch Times
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The cost of wholesale goods and services ticked up slightly in November as inflationary pressures continue to stabilize entering the second year of President Donald Trump’s global tariffs.
The producer price index (PPI)—a measure reflecting the prices paid for goods and services by businesses—rose 0.2 percent in November, up from 0.1 percent in the previous month, according to new data from the Bureau of Labor Statistics released on Jan. 14.
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”
