PARIS, December 14 (Reuters) – Producer prices in the United States continued to rise in November, a sign of high inflation that could prove to be lasting amid tensions in supply chains.
The final producer price index emerged last month up 0.8% after gaining 0.6% in October, the Labor Department said on Tuesday. Over one year, the increase stands at 9.6% after an increase of 8.6% over the 12 months to October.
Economists polled by Reuters predicted an index up 0.5% in November and an increase of 9.2% year-on-year.
(Written by Claude Chendjou, edited by Sophie Louet)
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