Core Producer Prices in the US rose 0.1 percent over a month earlier in December of 2019, after a 0.2 percent drop in the previous month. Year-on-year, the so-called core PPI increased 1.1 percent in December. Core Producer Prices in the United States averaged 108.85 points from 2010 until 2019, reaching an all time high of 118.20 points in August of 2019 and a record low of 99.90 points in April of 2010. source: U.S. Department of Labor
Core Producer Prices in the United States is expected to be 118.30 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Producer Prices in the United States to stand at 120.70 in 12 months time. In the long-term, the United States Producer Prices Final Demand Less Foods and Energy is projected to trend around 122.75 points in 2020, according to our econometric models.