The December PPI accelerated to an increase of 3.31%, driven largely by services, which accelerated to 4.03%. Both increases were the worst since February 2023. “Core” PPI accelerated to 3.55% ...
Core services inflation has been behaving badly for months, and in January, it spiked out the wazoo. Housing inflation has backed off from the crazy spike in 2022 and through February 2023. Inflation ...
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