Report
Data Round-Up: PPI Moderated in July, Trends Still Well Above Target
posted by Michael Lewis on August 09, 2018
Found in US, categorized in Growth Outlook and Business Cycle

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Headline
July total and core PPI came in under expectations, but the trends for both remain quite elevated, e.g., wholesale core inflation at +2.7%.
Abstract
FMI’s analyses of this morning’s July PPI report including a review of recent High-Frequency Inflation Indicators, the latest Weekly Initial UI Claims & Rail Traffic results, and our review of and a look at 18Q2 GDP Component Revisions to Date including today’s June Wholesale Inventories report.