CPI Comes in Line With Expectations

We've waited all week for inflation reports to inform the markets, and as of this morning we've gotten them. Yesterday's Producer Price Index (PPI) — the wholesale read on inflation — showed us a headline month-over-month print of +5.4%, out ahead of estimates that levels might have ticked lower for August.

Source: Zacks Investment Research

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Category General

Source Zacks Investment Research

Published 2 weeks ago

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News ID #16,411

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