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nycfan said:


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www.wsj.com
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We saw the wholesale CPI data play out pretty clearly in the reverse direction for egg prices earlier this year. While egg prices stayed elevated, Trump started claiming repeatedly the prices were dropping. It eventually became clear he was citing drops in wholesale egg prices, which started dropping significantly 6-8 weeks ahead of the eventual drop in retail egg prices (which may have been delayed by Easter demand / seasonal price hikes).
 
aGDevil2k said:

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www.cnn.com

Yep inflation is back, big time. But this time, it brings a Stag along with it. Thanks idiot voters.
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Compared to 2022, the inflation rate is only a third of that spiked rate, but it does look like we are seeing wholesale impact of the tariffs settling and being factored into pricing (the portion attributable to tariffs is not true inflation from an economic perspective — increases attributable to tariffs are an artificial increase from tax/government policy, not truly inflationary supply/demand pressure, though beef certainly has separate supply/demand inflation issues).
 
nycfan said:
Compared to 2022, the inflation rate is only a third of that spiked rate, but it does look like we are seeing wholesale impact of the tariffs settling and being factored into pricing (the portion attributable to tariffs is not true inflation from an economic perspective — increases attributable to tariffs are an artificial increase from tax/government policy, not truly inflationary supply/demand pressure, though beef certainly has separate supply/demand inflation issues).
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The impact of the tariffs is just starting to build. We should probably expect more increases.

So many own goals and self-inflicted wounds with this administration, and we have 3 1/2 more years of this.
 
I'm not an economist, but isn't the PPI considered a predictor of the inflation to come as opposed to CPI which is considered a lagging indicator of inflation ?

I will be interested to see where things are in October as we head into the holiday season.
 
heelinhell said:
I'm not an economist, but isn't the PPI considered a predictor of the inflation to come as opposed to CPI which is considered a lagging indicator of inflation ?

I will be interested to see where things are in October as we head into the holiday season.
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Yeah, PPI (sometimes aka wholesale CPI) is broader than CPI and measures price increases at the production level. It also includes more stuff than products headed for retail (like services), while CPI measures changes in what consumers were paying for retail items last measurement period in sampled areas (urban).
 
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