Producer Prices Increase 2%

Rise follows two consecutive monthly declines.

Led by higher prices for energy goods, prices at the producer level rose dramatically in November.

The Labor Department's Producer Price Index (PPI) for finished goods increased 2% last month, following declines of 1.6% in October and 1.3% in September.

The increase in the so-called core PPI was not as dramatic, although it was substantial. In November the core PPI increased 1.3%, compared to a nine-tenths percent decrease in October.

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