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January 14, 2026
A report released by the Labor Department on Wednesday showed a modest increase in U.S. producer prices in November. The Labor Department said its producer price index for final demand rose by 0.2% in November after inching up by 0.1% in October. Meanwhile, the report stated that the annual rate of growth in producer prices accelerated to 3.0% in November from 2.8% in October.
The modest monthly increase in producer prices largely reflected a rebound in energy prices, which spiked by 4.6% in November after plunging by 3.2% in October. Excluding prices for food, energy, and trade services, core producer prices rose by 0.2% in November after climbing by 0.7% in October. The annual rate of growth by core producer prices crept up to 3.5% in November from 3.4% in October.
On Tuesday, the Labor Department released a separate report showing consumer prices in the U.S. also increased in December. The Labor Department said its consumer price index climbed by 0.3% in December. Excluding food and energy prices, core consumer prices rose by 0.2% in December.
The report also stated that the annual rate of growth in consumer prices remained at 2.7% in December, unchanged from 2.7% in November. The annual rate of growth by core consumer prices was also unchanged from the previous month at 2.6. 01/14/2026 - 11:00:00 (RTTNews)
Retail sales in the U.S. increased in November, according to a report released by the Commerce Department on Wednesday. The Commerce Department said retail sales climbed by 0.6% in November after edging down by 0.1% in October.
The stronger retail sales growth partly reflected a significant rebound in sales by motor vehicle and parts dealers, which jumped by 1.0% in November after tumbling by 1.6% in October.
However, excluding sales by motor vehicle and parts dealers, retail sales still grew by 0.5% in November after inching up by 0.2% in October. Ex-auto sales were expected to increase by 0.4%. The report showed notable increases in sales of sports goods, hobbies, musical instruments, bookstores, miscellaneous store retailers, gas stations, building materials, garden equipment, and supplies dealers.
On the other hand, the Commerce Department said sales by department stores plunged by 2.9% in November after spiking by 4.9% in October. Core retail sales, which exclude automobiles, gasoline, building materials, and food services, increased by 0.4% in November after climbing by 0.6% in October. 01/14/2026 - 10:35:00 (RTTNews)
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