Report
Data Round-Up: Core PPI Surprises to the Upside; Trend Rises to +2.4%
posted by Michael Lewis on November 14, 2017
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Headline
For the second month in a row, core PPI came in higher than expected. This, along with some high-frequency measures, suggest that Fed doves’ fixation on the notion that inflation is “too low” is misguided.
Abstract
FMI’s analyses of this morning’s October PPI report (including a review of high-frequency inflation indicators) and a review of the October NFIB Small Business Optimism Index.
About Michael Lewis
Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.
FMI has compiled a solid record of timely, independent and accurate economic forecasts. FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.
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