2026-07-15 22:10:28 Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown – NEW WTOP Skip to main content

Producer prices rise a mild 0.2% in November, government says in report delayed by federal shutdown

By The Associated Press

WASHINGTON (AP) — U.S. wholesale prices rose modestly in November, the government said in report delayed by the federal government shutdown.

The Labor Department reported Wednesday that its producer price index — which measures inflation before it reaches consumers — rose 0.2% in November from October and 3% from a year earlier.

The numbers are old. They were supposed to come out Dec. 11, but the report was delayed by last fall’s 43-day government shutdown. The Labor Department will put out December’s producer price index on Jan. 30; it was originally scheduled to come out Wednesday.

Gasoline prices rose sharply in November. Excluding volatile food and energy prices, so-called core wholesale prices were unchanged from October and up 3% from November 2024.

President Donald Trump’s sweeping taxes on imports were expected to drive inflation sharply higher, but their impact so far has been more modest than expected.

The Labor Department reported Tuesday that consumer price inflation cooled last month, rising a modest 0.3% from November and 2.7% from December 2024. But it remains above the Federal Reserve’s 2% target.

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

By The Associated Press
BOSTON (AP) — Massachusetts' highest court heard oral arguments Friday in the state's lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users. The lawsuit, filed in 2023 by Attorney General Andrea Campbell, alleges that Meta did this to make a profit and that its actions affected hundreds of thousands of teenagers in Massachusetts who use the social media platforms. “We are making claims based only on the tools that Meta has developed because its own research shows they encourage addiction to the platform in a variety of ways,” said State Solicitor David Kravitz, adding that the state's claim has nothing to do the company's algorithms or failure to moderate content. Meta said Friday that it strongly disagrees with the allegations and is “confident the evidence will show our longstanding commitment to supporting young people.” Its attorney, Mark Mosier, argued in court that the lawsuit “would impose liabilities for performing traditional publishing functions” and that its actions are protected by the First Amendment.
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