Tuesday, October 18, 2011

SEPTEMBER PPI SURGES 0.8%, WAY HOTTER THAN ESTIMATES

So as long as we don’t eat, heat our homes or go anywhere everthings hunky-dory.
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.

No comments: