The Heat Is On! PPI Final Demand Hits 3.1% YoY, Highest Since Jan ’12 (But Only 2.4% YoY If You Take Out Energy)

This is a syndicated repost courtesy of Snake Hole Lounge. To view original, click here. Reposted with permission.

Just when I though Producer Price Inflation (Final Demand) finally hit 3% … they pulled it back in (to 2.4% YoY).

Yes, PPI Final Demand YoY is the highest since January 2012 at 3.1% YoY.

ppifinaldem.png

But if we take out energy, it is 2.4% YoY.

finaldemandbls

Yes, PPI Final Demand less Energy is  only 2.4% YoY, but the heat is on.

ppilessen.png

Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I am a contractor for Money Map Press, publisher of Money Morning, Sure Money, and other information products. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. In some cases I receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Leave a Reply