{"id":237802,"date":"2026-01-14T16:42:11","date_gmt":"2026-01-14T16:42:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/237802\/"},"modified":"2026-01-14T16:42:11","modified_gmt":"2026-01-14T16:42:11","slug":"wholesale-inflation-was-softer-than-expected-retail-sales-moved-higher-in-november","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/237802\/","title":{"rendered":"Wholesale inflation was softer than expected, retail sales moved higher in November"},"content":{"rendered":"

\"Wholesale<\/p>\n

Wholesale prices moved up less than expected while consumers kept up a heavy buying pace in November, according to economic data released Wednesday.<\/p>\n

The producer price index<\/a>, a measure of final demand prices that producers get in the marketplace, rose just 0.2% for the month, according to seasonally adjusted figures from the Bureau of Labor Statistics. That was below the Dow Jones consensus for a 0.3% gain though one-tenth of a percentage point higher than October.<\/p>\n

Excluding food and energy, the core PPI was flat on the month against expectations for a 0.2% gain.<\/p>\n

Though the monthly readings were soft, the headline PPI was up 3% from a year ago, well ahead of the Federal Reserve’s 2% target. The core PPI excluding trade services posted a 3.5% annual gain, the biggest 12-month move since March 2025, according to the BLS.<\/p>\n

A 0.9% gain in goods prices fueled much of the PPI increase, with more than 80% attributable to a 4.6% jump in energy prices. Services prices were flat.<\/p>\n

On the consumer side, retail sales<\/a> rose 0.6% for November, according to Commerce Department figures adjusted for seasonality but not inflation. Economists surveyed by Dow Jones had been looking for an increase of 0.4%. Excluding autos, sales were up 0.5%, compared with the 0.3% estimate.<\/p>\n

The November gains were broad based, with motor vehicle and parts dealers, building material and garden centers, gas stations, sporting goods stores, and miscellaneous outlets all seeing gains eclipsing 1%. <\/p>\n

On a year-over-year basis, sales rose 3.3%, ahead of the 2.7% increase in the consumer price index<\/a> for that month. The control group, which strips out several categories and feeds into the gross domestic product calculation, rose 0.4%, in line with market consensus. <\/p>\n

The BLS remains behind schedule in the PPI data due to the government shutdown last year, while the retail sales reports are also lagging.<\/p>\n

Financial markets reacted little to the data, with stock futures pointing lower and Treasury yields near flat. Traders continued to price in virtually no chance of a Fed rate rate when it meets later this month.<\/p>\n","protected":false},"excerpt":{"rendered":"Wholesale prices moved up less than expected while consumers kept up a heavy buying pace in November, according…\n","protected":false},"author":2,"featured_media":237803,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[220,933,941,114,357,184,85,932,46,190,93056,6118],"class_list":{"0":"post-237802","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-breaking-news","9":"tag-breaking-news-economy","10":"tag-breaking-news-markets","11":"tag-business","12":"tag-business-news","13":"tag-economy","14":"tag-il","15":"tag-inflation","16":"tag-israel","17":"tag-markets","18":"tag-producer-prices","19":"tag-retail-sales"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/237802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=237802"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/237802\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/237803"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=237802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=237802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=237802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}