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PPI: Huge 1.6% Jump
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DE assessment: The PPI jumped 1.6% about double the market expectation as both energy and food prices soared. While the energy price jump was anticipated, the rise in food prices was not-the largest monthly gain since 1974. While the core increase was rather tame at 0.2%, the continuing acceleration in pipeline pressures points to some broad based acceleration in the PPI and CPI in the months to come.
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
[private] [/private] Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts read more
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