Analysis of current economic conditions and policy
Instantaneous PPI Inflation
PPI reads above consensus:
Figure 1: Month-on-Month PPI inflation (black), instantaneous PPI (blue), instantaneous core PPI (tan), for T=12, a=4 per Eeckhout (2023). Source: BLS, and author’s calculations.
3 thoughts on “Instantaneous PPI Inflation”
Macroduck
Off topic – ever so sorry – Russia intends to take all of Ukraine:
I know Ukraine doesn’t matter when the press isn’t yet done deciding who gets to be president, but there is still a war in Ukraine. Thought you should know that Dimitry Medvedev, deputy chairman of Russia’s Security Council and former president and prime minister of Russia, says no peace deal will bring peace to Ukraine. Ukraine is to be absorbed into Russia.
Kevin Drum takes a longer term view. Average annual increase a mere 1.86%. He adds:
‘During this entire time companies continued to raise prices even though there was little justification for it. They just did it to see how much they could get away with.’
Ah but Lawrence Kudlow told us that companies want to lower their profit margins if Trump gets his tariffs past. Now raise your hand if you think Kudlow the Klown has a point.
Ithaqua
Can I raise a finger for Kudlow instead? (You can guess which one…)
Off topic – ever so sorry – Russia intends to take all of Ukraine:
https://www.newsweek.com/russia-ukraine-peace-talks-medvedev-war-1923713
I know Ukraine doesn’t matter when the press isn’t yet done deciding who gets to be president, but there is still a war in Ukraine. Thought you should know that Dimitry Medvedev, deputy chairman of Russia’s Security Council and former president and prime minister of Russia, says no peace deal will bring peace to Ukraine. Ukraine is to be absorbed into Russia.
https://jabberwocking.com/wholesale-inflation-has-been-low-for-two-full-years/
Wholesale inflation has been low for two full years
Kevin Drum takes a longer term view. Average annual increase a mere 1.86%. He adds:
‘During this entire time companies continued to raise prices even though there was little justification for it. They just did it to see how much they could get away with.’
Ah but Lawrence Kudlow told us that companies want to lower their profit margins if Trump gets his tariffs past. Now raise your hand if you think Kudlow the Klown has a point.
Can I raise a finger for Kudlow instead? (You can guess which one…)