I believe CPI is unchanged in October. I did not take a close look at the CPI numbers, but I believe the steady index is in part due to energy falling. But rents and food are increased. Not an economist, so I'm not sure how much to read into that.
PPI is a leading indicator for CPI, since it represents what producers are paying. A falling PPI would (probably) indicate lower CPI inflation in future releases.
> PPI is a leading indicator for CPI, since it represents what producers are paying. A falling PPI would (probably) indicate lower CPI inflation in future releases.
PPI and CPI historically are loosely correlated, but show no clear lead-follow relationship. PPI seems to swing harder, but not first.
object-a|2 years ago
dragonwriter|2 years ago
PPI and CPI historically are loosely correlated, but show no clear lead-follow relationship. PPI seems to swing harder, but not first.
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