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U.S. November Core PPI Annual Rate Exceeds Expectations
According to Odaily, the United States reported a higher-than-expected core Producer Price Index (PPI) annual rate for November, reaching 3.4%. This figure surpasses the anticipated 3.2% and marks an increase from the previous value of 3.10%. The core PPI monthly rate for November aligned with expectations at 0.2%. However, the prior month's figure was revised from an initial 0.00% to 0.30%.
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