The Producer Price Index for final demand increased 0.4 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in October and advanced 0.3 percent in September. On an unadjusted basis, the final demand index climbed 1.3 percent for the 12 months ended November 2016, the largest rise since moving up 1.3 percent for the 12 months ended November 2014.

In November 2016, over 80 percent of the advance in the final demand index is attributable to a 0.5-percent rise in prices for final demand services. The index for final demand goods increased 0.2 percent.