Producer Price Index Rises in November

The increase in the producer price index — which measures prices paid to factories, farmers and other producers — followed a 0.3% decline in October.

The core PPI, which excludes food and energy, edged up 0.1%

Economists had predicted a 0.2% gain in both the PPI and the core rate, Bloomberg reported.

An increase in the PPI could indicate strong demand for goods, which would mean more shipments for trucking companies. However, if inflation begins to accelerate too quickly, it could also hurt the economy.