Arab Today, arab today us producer prices fall in november inflation in check
Last Updated : GMT 13:25:24
Arab Today, arab today
Arab Today, arab today

US producer prices fall in November, inflation in check

Arab Today, arab today

Arab Today, arab today US producer prices fall in November, inflation in check

Labor Department
Washington - AFP

A fall in producer prices in November showed US inflation is still in check, according to Labor Department figures released Friday.
While the main reason for the 0.2 percent fall last month in the producer price index was the steep drop in energy prices, wholesale goods excluding energy also fell for the second straight month, by 0.1 percent.
Services, which showed a sharp monthly gain in October, rose a modest 0.1 percent in November.
Year-on-year overall producer prices were up 1.4 percent, the slowest rate of annual increase since January.
Analysts said the slower price gains ease pressure on the Federal Reserve to move towards an early interest rate hike.
The Fed, which wants inflation to pick up to around 2.0 percent, meets next week amid signs of a pickup in economic growth and some speculation it will raise its benchmark Fed Funds rate off the zero floor earlier than the projected mid-2015 period.
"Suffice it to say, inflation pressures remain very modest in the US, although less so when one excludes energy, which gives policymakers more wiggle room to hold back," said Jennifer Lee of BMO Capital Markets.
Ian Shepherdson of Pantheon Macroeconomics though said much could depend on the services indicator, which has risen against the grain for three months and could be a sign of a pickup in wages, an important inflation signal for the Fed.
"We see no inflation threat from goods prices, either domestic or imported, for the foreseeable future, but services will be a different story if wages accelerate as we expect over the next year," he said in a client note.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us producer prices fall in november inflation in check Arab Today, arab today us producer prices fall in november inflation in check

 



Arab Today, arab today
Arab Today, arab today Fadi explains secrets of  Nancy Ajram's newlook

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today Tourist guide explains types of tourism

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism
Arab Today, arab today Expresses Algerian history by woody figures

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures
Arab Today, arab today Iran complying with nuclear deal

GMT 07:14 2017 Saturday ,25 February

Iran complying with nuclear deal
Arab Today, arab today Ayat Abaza says state TV presented major stars

GMT 03:52 2017 Sunday ,26 February

Ayat Abaza says state TV presented major stars
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Reading therapy relieves mental disorders

GMT 15:39 2017 Friday ,24 February

Reading therapy relieves mental disorders
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Ola Ghanem hopes to work with M.Ramadan

GMT 07:23 2017 Friday ,24 February

Ola Ghanem hopes to work with M.Ramadan
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 06:08 2017 Thursday ,23 February

Actress Lobna Abdel Aziz proud of her career

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 20:33 2017 Friday ,17 February

To release new antiques collection

GMT 10:20 2017 Thursday ,23 February

Brazil's top diplomat resigns

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday