The U.S. Producer Price Index (PPI) for final demand increased by 0.5% in December 2025, surpassing the 0.2% rise in November and 0.1% in October. The primary driver was a 0.7% increase in final demand service prices, while final demand goods prices remained unchanged. Excluding food, energy, and trade services, the core PPI rose by 0.4%, marking the eighth consecutive monthly increase. On a year-over-year basis, the final demand PPI rose by 3.0%, with the core PPI up 3.5%.