U.S. November PPI Quick Review
In November, the U.S. PPI increased by 3% year-on-year, exceeding the expected value of 2.6% and the previous value of 2.4%. The core PPI in the U.S. for November rose by 3.4% year-on-year, also higher than the expected value of 3.2% and the previous value of 3.1%. The data shows that after a rapid slowdown in U.S. PPI data earlier in 2024, there are signs of acceleration again. Additionally, the new tariffs policy to be introduced by the new president may cast a shadow over the price outlook. This could exacerbate the uncertainty regarding the Federal Reserve's interest rate trajectory