In November 2025, lower energy prices continued to be the main reason for the year-on-year decline in producer prices. Intermediate goods were also less expensive than a year earlier.
By contrast, capital goods, non-durable consumer goods and durable consumer goods cost more than a year earlier. When energy prices are excluded, producer prices in November 2025 rose by 0.8% on the same month of the previous year, and were down 0.1% compared with October 2025.
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