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Core PPI Doubled, Inflation Hot at a “Scorching 6.2% Annualized”
PPI AT A SCORCHING 6.2% Producer inflation is running hot. St. Onge explains in the video below. “Yesterday, the BLS came out with the April Producer Price Index data. This measures the prices received by domestic producers for their output. So it’s basically inflation for business. Core inflation is a different matter. “Inflation numbers beat […]
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