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Inflation Accelerates: Hot CPI Followed by Even Stronger PPI Report
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Inflation Accelerates: Hot CPI Followed by Even Stronger PPI Report
Following Tuesday’s Consumer Price Index (CPI) release, Wednesday’s Producer Price Index (PPI) report showed even stronger inflationary pressures building in the economy. The CPI for April rose 3.8% year-over-year, exceeding expectations and marking the highest reading since May 2023. One day later, the PPI jumped 6.0% annually, up sharply from a revised 4.3% in March. It also recorded its largest monthly gain since March 2022, climbing 1.4% in …
Boiling PPI Follows Scorching CPI, Pushing Traders to Raise Hike Probabilities: May 13, 2026
A second consecutive day featuring a hotter-than-expected inflation report is driving interest rates north with this morning’s 6-handle PPI causing concerns among analysts that price pressures could potentially broaden throughout the economy.
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