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US PPI up by 0.4%, Industrial Production down by 0.4%

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.

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UK CPI up more than expected

The Consumer Prices Index (CPI) rose by 1.2% in the year to November 2016, compared with a 0.9% rise in the year to October. The rate in November was the highest since October 2014, when it was 1.3%. Rises in the prices of clothing, motor fuels and a variety of recreational and cultural goods and services, most notably data processing equipment, were the main contributors to the increase in the rate. These upward pressures were partially offset by falls in air and sea fares.

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China's CPI increased by 2.3%

Measures of Chinese inflation strengthened further in November, signs of improving demand in the world’s second-largest economy. China’s consumer price index (CPI) advanced 2.3% from a year ago, after climbing 2.1% in October, the National Bureau of Statistics said in a report on Friday. A median estimate of economists called for a 2.2% year-over-year gain. Compared to October, consumer prices rose 0.1%, matching forecasts. That followed a 0.1% decline the previous month.

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US PPI unchanged in October

The Producer Price Index for final demand was unchanged in October, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.3 percent in  September and were unchanged in August. On an unadjusted basis, the final  demand index increased 0.8 percent for the 12 months ended in October, the largest 12-month  rise since advancing 0.9 percent in December 2014.

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