MNI DATA IMPACT: US November PPI Flat; Below Expectations>

--Core PPI -0.2% vs est +0.2%; Ex. Food, Energy, Trade flat

By Evan Ryser

     WASHINGTON (MNI) - The November PPI data released Thursday

were weaker than expected, with headline PPI flat and core PPI below 

expectationsat -0.2% vs an estimated +0.2% for both measures.  

     Here are some of the key takeaways from the data released Thursday:  

     - November PPI headline PPI unrounded 0.000%, core unrounded PPI

-0.169% month/month, on the high end of a 0.2% decline. Energy

increased by 0.6%, and food also rose 1.1%, but trade services were 

down by 0.6%.

     - Headline PPI y/y increased 1.1%, same as October, with

core PPI y/y up 1.3%, slipping from the 1.5% level in October and 1.7% 

inSeptember. PPI excluding food, energy and trade services was also flat

after rising by 0.1% in October, but rose 1.3% y/y.  

     - Energy prices rose 0.6% in November after spiking in

October by 2.8%. Gasoline prices were up 2.3% following a 7.3% increase

in October. PPI excluding only energy saw a 0.1% decrease.

** MNI Washington Bureau: 202-371-2121 ** 

[TOPICS: MAUDS$,MT$$$$,M$U$$$,MAUDR$]