Inflation was mild outside of an increase in energy prices in November, a key gauge of prices showed Wednesday.
The producer price index for final demand, which measures prices paid to U.S. producers of goods and services, rose by 0.2 percent in November, the Labor Department said Thursday. This was below analyst estimates for a 0.3 percent increase.
In September, the producer price index rose 0.6 percent. In October it rose by just 0.1 percent. The report for November was delayed by the government shutdown.
Excluding energy, however, producer prices were unchanged in November.
Services prices were unchanged in the month, contributing to the…
Read the full article at BREITBART.COM
