November 2020 Producer Price Index — 2020-12-11

The Producer Price Index for final demand advanced 0.1 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.3 percent in October and 0.4 percent in September. (See table A.) On an unadjusted basis, the final demand index increased 0.8 percent for the 12 months ended in November, the largest advance since moving up 1.1 percent for the 12 months ended in February. In November, the rise in the final demand index can be traced to a 0.4-percent increase in prices for final demand goods. The index for final demand services was unchanged. The index for final demand less foods, energy, and trade services advanced 0.1 percent in November, the seventh consecutive increase. For the 12 months ended in November, prices for final demand less foods, energy, and trade services moved up 0.9 percent, the largest rise since a 1.0-percent increase for the 12 months ended in March.