Industrial product prices rose 0.9% in November, the sixth straight sequential gain and above estimates of 0.3% M/M growth…

… driven mainly by petroleum products. Raw materials prices came up shy of estimates though, notching a small 0.3% gain versus estimates of 0.6%.

The miss was driven by weaker animal product prices, which continue to moderate after almost a year of persistent inflation…

… offsetting a recovery in crop product prices.