U.S. initial jobless claims and November PPI data exceeded expectations

According to BlockBeats, the number of initial jobless claims in the United States for the week ending December 7 was 242,000, higher than the expected 220,000 and the previous value was revised to 225,000.

The annual rate of PPI in the United States in November was 3%, higher than the expected 2.6% and the previous value was revised to 2.6%. The monthly rate of PPI in the United States in November was 0.4%, higher than the expected 0.2% and the previous value was revised to 0.3%.