Filed under: Forecasts, Economic Data
If there's an inflation hawk that's still circling, no doubt it will now be headed back to its nest. For a long time. The reason? The April producer price index report, which revealed an 0.1% price decline in April, and an 0.2% rise excluding food and energy. Further, the core-PPI is up a scant 1.0% in the past 12 months, and when combined with the 1.1% increase in the core consumer price index in the same period, the picture is one of disinflation. Even worse, the threat of deflation continues.
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Is Inflation Threat on The Horizon? originally appeared on BloggingStocks on Tue, 18 May 2010 18:00:00 EST. Please see our terms for use of feeds.
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