Import and Export Prices  (November 2020)

- Import Prices month/month     0.1%. Previous was -0.12%

- Import Prices year/year    -1.0%. Previous was -1.0%

- Export Prices month/month   +0.6%. Previous was +0.2%

- Export Prices year/year    -1.1%. Previous was -1.6%

Inflation remains tame as the pandemic has slowed the world economy.

Source: BLS  Details: https://www.bls.gov/mxp/

 

Redbook Chain Store Sales (week ended 12/12/2020)

- Chain Store Sales year/year +2.1%. Previous was 2.1%

- Chain Store Sales month/month -2.2%. Previous was -2.4%.

Source: Redbook Research Inc.

 

Industrial Production  (November 2020)

- Industrial Production month/month +0.4%.    Previous was +0.9%.

- Manufacturing Output month/month  +0.8% . Previous was  +1.1%

- Capacity Utilization Rate        73.3%. Previous was 73.0%

- Industrial Production year/year -5.5%

As pandemic concern lessens it will be necessary for the supply side to keep up with the demand side if inflation is to be contained.

Source:  Federal Reserve  Details: https://www.federalreserve.gov/releases/g17/current/g17.pdf