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via armstrongeconomics.comEconomy

Wholesale inflation is a problem: PPI surged 1.3% in September

FROM THE WIRE · ARMSTRONGECONOMICS.COM

The latest inflation figures should put an end to the ridiculous claims that inflation has been defeated. The Producer Price Index surged 1.3% in September

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA strong producer price rise can fuel concerns about rates and inflation.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The Producer Price Index surged 1.3% in September.
  2. 02The author argues the data refute claims that inflation has been defeated.

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