SCARY HEADLINE FOR INVESTORS BUT DATA IS ACTUALLY GETTING BETTER
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Producer Price Index
Please click here for a chart of Producer Price Index.
Note the following:
- The scary headline is that inflation at producer level increased at the highest rate ever since the Labor Department started compiling the data in 2010. However, the reality is that the data is getting better for investors and the economy.
- PPI rose 9.7% year-over-year.
- Core PPI rose 8.3% year-over-year.
- The chart shows that the data is actually getting better as inflation is coming down at the producer level.
January 13, 2022