Notable price declines included the communication index (-1.0%), indicating deflation in select sectors. Overall, November marked the first time in five months that inflation accelerated, signaling persistent pricing challenges. What…
Tag: Economics
EIA Natural Gas Storage Draw Of -190 Bcf Exceeds Analyst Estimates
Natural gas prices are moving higher as traders react to the larger-than-expected draw….Read More
Wholesale Prices Rise 0.4% in November; Jobless Claims Jump to 242K, Pressuring Fed.
More Information in our Economic Calendar.What’s Driving the Increase? The rise in November’s PPI is attributed primarily to goods, with the index for final demand goods climbing 0.7%, its highest…
Crude Inventories Decline By 1.4 Million Barrels; WTI Oil Pulls Back From Session Highs
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