Producer Price Inflation Ends 2016 At 4.9%
The Producer Price Inflation (PPI) rate for December 2016 was 4.9 percent This rate represents a 7.0 percentage point decrease in producer inflation relative to the rate recorded in November 2016 (11.9%). This rate indicates that, the year-on-year PPI increased by 4.9 percent. But the month-on-month change in producer price index between November and December … Read more