Wholesale prices rose just 0.2% in April, less than estimate as inflation pressures ease

[progree]

10. PPI Graphs and links (with yesterday's CPI graph at the bottom)

Last edited Thu May 11, 2023, 03:26 PM - Edit history (2)

-------^^-DARN, that should read APR 2022, not APR 2023

Rolling 3 month average of CORE PPI (annualized), last 6 readings: 3.4%, 2.9%, 4.5%, 4.0%, 3.8%, 2.2%

The big January +0.6% reading dropped out of the 3 month average, helping to drop the 3 month average thru April by more than 1.5 percentage points

Latest PPI summary http://www.bls.gov/news.release/ppi.nr0.htm
Producer prices front page: http://www.bls.gov/ppi/
Producer Price Index (PPI), seasonally adjusted http://data.bls.gov/timeseries/WPSFD4?output_view=pct_1mth

OLD CORE PPI - Producer Price Index, seasonally adjusted - Final demand goods less foods and energy -
   http://data.bls.gov/timeseries/WPSFD413?output_view=pct_1mth
CORE PPI - Producer Price Index, seasonally adjusted - Final demand less foods. energy. and trade services -
   http://data.bls.gov/timeseries/WPSFD49116?output_view=pct_1mth

I use the latter Core PPI (final demand less foods, energy, and trade services) because that's what the BLS features in its news release).

Compare to yesterday's CPI report which is pretty much been flatlined for several months at more than double the Fed's 2% target



All about yesterday's CPI: https://www.democraticunderground.com/10143072605#post5