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%
