PPI Piles On

The latest reading on producer (wholesale) prices was released today and not only was it at another record high, it indicates no relief in sight for the still-surging consumer price index.

You can read all about today's PPI through various links and websites so here's just the raw data:

PPI M/M 0.2%, Exp. 0.4%
PPI Y/Y 9.7%, Exp. 9.8%

PPI Core M/M 0.5%, Exp. 0.5%
PPI Core Y/Y 8.3%, Exp. 8.0%

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Key Economic Events Week of 8/8

8/8 11:00 ET NY Fed Inflation Exp.
8/9 8:30 ET Unit Labor Costs
8/10 8:30 ET CPI
8/11 8:30 ET PPI
8/12 8:30 ET Import Price Index
8/13 10:00 ET UMich Consumer Sentiment
8/13 10:00 ET UMich Inflation Exp.

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