PPI Piles On

Thu, Jan 13, 2022 - 10:48am

By TF

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%

About the Author

TF

Founder

TF Metals Report

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Key Economic Events Week of 1/24

1/24 9:45 ET Markit Flash PMIs for January
1/25 9:00 ET Case-Swiller home prices
1/25 10:00 ET Consumer Confidence
1/26 2:00 ET FOMC Fedlines
1/26 2:30 ET CGP presser
1/27 8:30 ET Q4 GDP first guess
1/27 8:30 ET Durable Goods
1/28 8:30 ET Personal Income and Spending
1/28 8:30 ET Core PCE
1/28 10:00 ET UMich 5-yr Inflation Expectations