PPI input non-seasonally adjusted for the month of December came in at 0.1%, similar to the previous but higher than estimates of -0.2%. On the year, the reading rose to 6.9% from 0.4% prior and 6.5% projected.

PPI output non-seasonally adjusted for December rose to 0.5% from the prior and projected readings of 0.2% respectively while on the year they climbed to 3.5% from 2.9%, better than the anticipated 3.1%.

Core PPI output, which exclude food and energy prices, for December rose to 0.7% higher than the prior -0.1% and expected 0.1%, as on the year they leaped to 2.6% from 2.0%, better than the forecasted 1.9 percent.