PPI Piles On

41
Thu, Jan 13, 2022 - 10:48am

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 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

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