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U.S. Producer Prices Rise Amid Tariffs, Retail Sales Surge

1/15/2026

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Story summary
  • U.S. producer prices rose 0.2% in November, driven by energy costs, according to the Bureau of Labor Statistics.
  • The Producer Price Index rose 3.0% year over year.
  • The report notes that businesses are absorbing the impact from U.S. President Donald Trump's tariffs, preventing sharper inflation.
  • Retail sales increased by 0.6% in November, signaling consumer resilience.
  • The Federal Reserve is expected to keep interest rates steady at its upcoming meeting.