U.S. PPI for final demand falls 0.2 pct in December

Source: Xinhua| 2019-01-16 04:35:53|Editor: yan
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HOUSTON, Jan. 15 (Xinhua) -- The U.S. Producer Price Index (PPI) for final demand fell 0.2 percent in December 2018, seasonally adjusted, the U.S. Department of Labor said on Tuesday.

Final demand prices advanced 0.1 percent in November and 0.6 percent in October. On an unadjusted basis, the final demand index moved up 2.5 percent in 2018, the same as in 2017.

In December, 80 percent of the decrease in the index for final demand was attributable to a 0.4 percent decline in prices for final demand goods.

The index for final demand less foods, energy and trade services was unchanged in December, following a 0.3 percent rise in November.

Prices for final demand services edged down 0.1 percent in December after increasing for three straight months. The decline was led by a 0.3 percent decrease in the index for final demand trade services.

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