Producer Price Index

[Marcozi]

The producer Price Index (PPI) number for July is 3.3%. Expect to pay higher prices in the near future.

 

[fantastic]

Not sure that I can comment about these sorts of topics. I'll see if it's left to stand after a few days.

 

[thastinger]

The producer Price Index (PPI) number for July is 3.3%. Expect to pay higher prices in the near future.

Think I read the CPI was 2.7, would be interesting to know what the delta is...maybe inventory?

 

[buster]

There goes your rate cut hopes. Could always fire the group responsible for putting that out there and hire someone even more incompetent.

 

[k1xv]

As tariffs impact producers' costs, the index will change in response.

 

[JeffKeryk]

The producer Price Index (PPI) number for July is 3.3%. Expect to pay higher prices in the near future.

Spot on.

The PPI is a key indicator of inflationary trends in the economy. It is used for macroeconomic forecasting.
Since PPI measures the costs of producing consumer goods, and commodity and food prices directly affect retail pricing, PPI is seen as a good pre-indicator of inflationary pressures.

 

[Snagglefoot]

IBTL

 

[BMWTurboDzl]

The producer Price Index (PPI) number for July is 3.3%. Expect to pay higher prices in the near future.

Gonna wait until the end of the day to see if anyone gets fired for publishing the number. These things must be "validated" of course.

 

[loneryder]

You can't believe anything the govt. publishes these days.

 

[wwillson]

We are already treading on politics here, please don't push it over the edge.