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Services PPI Inflation Surges, Goods PPI Jumps, Fueling PCE Price Index Concerns

Services Producer Price Index (PPI) inflation has exploded, and goods PPI has jumped as companies adjust tariffs, developments expected to further accelerate the Fed-favored PCE Price Index, despite a plunge in food and energy prices.

27 Feb, 20:01 — 27 Feb, 20:01
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wolf-streetMixed74d ago

Services PPI Inflation Explodes. Goods PPI Jumps as Companies Shuffle Tariffs to Each Other. Food & Energy Plunge

It will further fuel the acceleration of the Fed-favored PCE Price Index.

By Wolf Richter

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