PPI Airfares Undershoot CPI Again - Bonds & Currency News

Apr 13, 2023 · PPI airfares again of note, displaying much less of the strength seen in CPI airfares (remembering that PPI feeds into PCE). PPI airfares increased 1.34% M/M in March …

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PPI Airfares Undershoot CPI Again - Bonds & Currency News

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Apr 13, 2023 · PPI airfares again of note, displaying much less of the strength seen in CPI airfares (remembering that PPI feeds into PCE). PPI airfares increased 1.34% M/M in March …

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PPI Airfares Don’t Replicate CPI Strength - Bonds & Currency News ...

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Mar 15, 2023 · Note that PPI airline passenger service prices, the relevant component for PCE, fell -2.6% M/M in Feb after +2.4% M/M.It’s in stark contrast to CPI airfares, which had been a …

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PPI Increased Less Than Expected/Core PPI Unchanged - Yahoo …

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Year over year CPI is expected to remain at +3.0% (still 100 bps above optimal inflation levels, according to the Fed), with core CPI year over year down 10 bps to +3.2%.

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US Dollar (DXY) Index News: PPI Surge, Treasury Yield Rise

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May 14, 2024 · Unexpected Producer Price Index Surge The 10-year U.S. Treasury yield saw a minor increase to 4.487%, responding to the producer price index (PPI) for April, which …

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Large Divergence Between CPI And PPI Airfares - Bonds

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Jul 13, 2023 · Some of the impact from the PPI miss is however offset by a large gap between PPI and CPI airfares, printing +1.1% M/M vs the -8.1% for CPI (PPI feeds into core …

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Why Experts Aren’t Panicking About The Latest Jump In Producer …

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May 14, 2024 · While goods prices jumped 0.4% in April, it was the 0.6% jump in services prices that accounted for three-fourths of the headline gain in producer price index. Services inflation …

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FAQs about PPI Airfares Undershoot CPI Again - Bonds & Currency News Coupon?

Will the PPI report tame wholesale inflation?

The PPI report, due Thursday, is projected to show a tame pace of wholesale inflation. A sustained decline in the price of goods over most of the past year has largely been providing some relief to consumers. So-called core goods prices, which exclude food and energy commodities, fell 0.2%. The metric has now declined in 14 of the last 15 months. ...

What really matters for the PPI?

“What really matters for the PPI is the components that go into the all-important core PCE index, which is what the Fed targets. So today's data actually was a little bit stronger for some of the key components that go into that PCE index. So things like household insurance, nursing, hospitals. ...

How did PPI perform in July?

Core PPI year over year — perhaps the most important of all these metrics — reached +2.4%, a full 60 bps lower than the downwardly revised +3.0% for June. PPI also subtracts trade services for one of its monthly prints. Ex-food, energy and trade for July rose to +0.3% month over month and +3.3% year over year. ...

Why did the producer price index (PPI) tick higher in November?

The Producer Price Index (PPI) ticked higher in November, pushing the bond market proxy iShares 20+ Year Treasury Bond ETF (TLT) and other long bond ETFs lower as fixed-income investors expect interest rates to remain higher for longer. ...

Is today's PPI data hawkish?

“Today's data was okay. At the margin, it actually was a little bit more hawkish than at least the headline print would suggest,” Roth says, explaining she’s focusing on what the PPI data indicates about the Personal Consumption Expenditures price index (PCE), which tends to hold more weight for the Fed. ...

Does PPI affect core services?

“PPI can have a particularly big impact on core services excluding housing, aka supercore. In that respect, April’s news was mixed but, on balance, encouraging,” he wrote. While goods prices jumped 0.4% in April, it was the 0.6% jump in services prices that accounted for three-fourths of the headline gain in producer price index. ...