Is PPI inflation set to rise further?
The Philly Fed Prices Paid Index jumped 8 points in August, to 66.8, the highest since May 2022.
This index measures changes in the prices that manufacturers pay for raw materials and supplies.
The metric has been in a strong upward trend over the last 12 months.
Historically, Philly Fed prices paid have led PPI finished consumer goods prices, one of the main components of PPI.
This now signals a further increase in PPI inflation over the next several months all as rate cuts are coming.
Producer-level inflation pressures are building.
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The Philly Fed Prices Paid Index jumped 8 points in August, to 66.8, the highest since May 2022.
This index measures changes in the prices that manufacturers pay for raw materials and supplies.
The metric has been in a strong upward trend over the last 12 months.
Historically, Philly Fed prices paid have led PPI finished consumer goods prices, one of the main components of PPI.
This now signals a further increase in PPI inflation over the next several months all as rate cuts are coming.
Producer-level inflation pressures are building.
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BREAKING: Shiloh Hendrix charged for the viral video of her saying a slur. She now is facing jail
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Also remember: “millionaire” doesn’t mean what it used to in the popular imagination and cultural parlance.
“A million bucks” now was only $500K in 2000.
The vast majority of American “millionaires”now are just retirees who paid off their house….
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“A million bucks” now was only $500K in 2000.
The vast majority of American “millionaires”now are just retirees who paid off their house….
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A Somali pedophile was harassing her and her child at a playground. She called him out for what he is, and now she’s being charged.
What a joke.
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What a joke.
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A school entirely ran taught by AI with NO teachers has landed the students in the top 1% of the country
Thoughts?
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Thoughts?
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The Charleston County, SC Sheriff's office says Marvin Humbert, 70, has been charged with multiple counts of sexual exploitation of a minor
Officials say he uploaded a sexually explicit image of a female child between the ages of 8 & 10 to a server.
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Officials say he uploaded a sexually explicit image of a female child between the ages of 8 & 10 to a server.
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NEW - The Trump Administration has mandated 46 states, including Alaska, to remove references to gender ideology from sex education materials within 60 days
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