The number is out, and it's HOT!
PPI hs jumped 0.8%, well above the 0.2% analysts had expected.
Core PPI, which excludes food and energy, was only up 0.2%, which is still above the 0.1% that analysts had expected.
The culprit? Blame food and energy.
Tuesday, October 18, 2011
So as long as we don’t eat, heat our homes or go anywhere everthings hunky-dory.
Posted by traderrob at 6:15 AM