3 ms·
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 rent
by tea-coffee 3y ago
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.
- object-a 3y agoPPI 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.
- dragonwriter 3y ago> 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. https://www.fisherinvestments.com/en-us/insights/market-commentary/charts-of-the-day-ppi-doesnt-lead-cpi https://www.fisherinvestments.com/en-us/insights/market-comm...