https://www.cnbc.com/2024/07/12/who...nt-in-june-slightly-hotter-than-expected.html
Wholesale prices rose 0.2% in June, slightly hotter than expected
One day its deflation next day we back to inflation and everyone wonders why people just don't believe the numbers hehehe:
PPI 0.2% MoM, Exp. 0.1%
PPI 2.6% YoY, Exp. 2.3%
PPI Core 0.4% MoM, Exp. 0.2%
PPI Core 3.0% YoY, Exp. 2.5%
I borrowed that off of the birdfeed saves typing it but, when are we going to see interest rate cuts? Good luck all PPI up on every measure and unlike the CNBC article suggests its not "slightly", but never let the truth get in the way of a good story or fudging the numbers hehehe. Good luck all.
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