US PPI ticks higher in November while retail sales surge, beating estimates

Core Insights - US producer prices increased at a slightly faster pace in November, indicating ongoing inflationary pressures in the economy [1] - Retail sales surpassed expectations, suggesting that American consumers remained resilient towards the end of the year [1] Producer Prices - The producer price index for final demand rose by 0. [1] Retail Sales - Retail sales data exceeded forecasts, reinforcing the notion of consumer strength despite persistent price pressures upstream [1]