After Massive Up-Revisions, “Core” & “Core Products and services” PPI Inflation Now not Benign at All. Complete Situation Modified for the Worse
Six-month core PPI: +3.4%. Six-month services and products PPI: +3.7%. Yr-over-year, each additionally speeded up additional. However power costs plunged. By way of Wolf Richter for WOLF STREET. The plunge in power costs brought about