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Inflation Is On The Wane

Por: Forbes Business November 20, 2022

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Monetary Base YoY% Change NSAUniversal Value Advisors The evidence on inflation is quite clear; it peaked in June and is now on the wane. The latest data came from the Producer Price Index (PPI) which rose only 0.2% in October (consensus was +0.4%). This is a monthly level the Fed could live with (2.4% annual rate). Core PPI (ex-food and energy) was flat (i.e., 0.0%) – even better! In the June to October period, the PPI for goods has... + full article



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