Latest US PPI report indicates “lack of pipeline inflation pressures”

11 December 2020

 

Summary: Prices received by producers rise by 0.1% on average in November; increase in line with expectations; indicates “lack of pipeline inflation pressures”; annual “core” PPI rate rises; US bond yields down a little; PPI rise again driven by higher goods prices.   Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which then continued through 2019. Months in which...

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