U.S. producer price report for Nov. released by the Labor Department reported that "The Producer Price Index for Finished Goods rose 0.8 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This increase followed a 0.4-percent advance in both October and September.

At the earlier stages of processing, prices received by manufacturers of intermediate goods climbed 1.1 percent in November, and the crude goods index moved up 0.6 percent. On an unadjusted basis, prices for finished goods rose 3.5 percent for the 12 months ended November 2010, their smallest 12-month increase since a 3.1-percent advance in August.

About two-thirds of the November advance in the finished goods index can be traced to prices for energy goods, which rose 2.1 percent. Also contributing to the broad-based November increase in the finished goods index, prices for consumer foods and for goods other than foods and energy advanced 1.0 percent and 0.3 percent, respectively.

The Producer Price Index for Intermediate Materials, Supplies, and Components moved up 1.1 percent in November, its fourth consecutive monthly increase. The November advance was broad- based, with prices for intermediate energy goods rising 2.8 percent, the index for intermediate materials less foods and energy increasing 0.7 percent, and prices for intermediate foods and feeds climbing 1.9 percent. On a 12-month basis, the index for intermediate goods moved up 6.3 percent in November.

The Producer Price Index for Crude Materials for Further Processing rose 0.6 percent in November. For the 3 months ended in November, crude goods prices increased 4.3 percent following a 2.3-percent advance for the 3 months ended in August. Leading the monthly November rise, the index for crude nonfood materials less energy climbed 3.1 percent.

Also contributing to higher crude goods prices, the index for foodstuffs and feedstuffs moved up 0.7 percent. By contrast, prices for crude energy materials decreased 1.3 percent.

Trade industries: The Producer Price Index for the Net Output of Total Trade Industries inched down 0.1 percent in November after falling 0.4 percent a month earlier.

Traditional service industries: The Producer Price Index for the Net Output of Total Traditional Service Industries climbed 0.4 percent in November, its eighth straight advance.

Transportation and warehousing industries: The Producer Price Index for the Net Output of Transportation and Warehousing Industries moved up 0.2 percent in November following a 1.2- percent increase in the prior month."