“Some indications” US prices near peak after December PPI report

13 January 2022

 

Summary: Prices received by US producers (PPI) rise by 0.2% in December, half 0.4% expected; annual rate eases from 9.9% to 9.8%; “core” PPI increases by 0.5%; lower fuel, food prices helping; “some indications” prices near peak. Around the end of 2018, the annual inflation rate of the US producer price index (PPI) began a downtrend which continued through 2019. Months in which producer prices increased suggested the trend may...

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