US Producer Prices Top Estimates in November at 0.3%

US Producer Prices Top Estimates in November at 0.3%

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses the Producer Price Index (PPI) and its monthly and yearly changes. It highlights a monthly increase in PPI, exceeding forecasts, and a decrease in yearly inflation due to base effects. The video also examines the role of services in driving inflation, which is a concern for the Federal Reserve.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the actual monthly increase in the core rate of PPI compared to the forecast?

5/10 increase

2/10 increase

3/10 increase

4/10 increase

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the final demand year-over-year percentage change from the previous year?

Decreased to 7.4%

Increased to 8%

Increased to 7.4%

Remained at 7.4%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the core inflation rate after the year-over-year change?

6.2%

8%

6.7%

7.4%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector is primarily driving the inflation in PPI, CPI, and PCE?

Food

Services

Energy

Goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage change in energy prices?

Up 4.0%

Down 4.0%

Down 3.3%

Up 3.3%

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