Producer Price Index: Regular:+0.2%, 12 mo:+2.6%, Core:+0.0%, 12 mo:+3.1%

[progree]

Last edited Fri Jul 12, 2024, 09:59 AM - Edit history (1)

That Core in the title is everything less food, energy, and trade services. I track this because the BLS highlights it
But there is a Core that is everything less food and energy, and results were different:

Core#1: everything less food & energy: June: +0.4%, 12 months: +3.0%
Core#2: everything less food, energy, and trade services: June: +0.0%, 12 months: +3.1%
==================================================

The main inflation summary table
All are seasonally adjusted and ANNUALIZED
PCE-Personal Consumption Expenditures Price Index (Fed's favorite inflation measure)
CPI-Consumer Price Index (retail)
PPI-Producer Price Index (Wholesale prices)
Links to the data are with the graphs below (as for CPI and PCE, see the post below this one)



WHOLESALE INFLATION (PPI - the Producer Price Index)

https://www.bls.gov/news.release/ppi.nr0.htm

As for which core PPI measure, since the BLS highlights the one below in its reporting (as opposed to the one without food and energy), then I guess I should do likewise.

CORE PPI (excluding food, energy, trade services) through June that came out 7/12/24:
CORE PPI (seasonally adjusted) http://data.bls.gov/timeseries/WPSFD49116



===========================================================

Regular PPI through June that came out 7/12/24 ( includes "everything" ):
Regular PPI (seasonally adjusted) http://data.bls.gov/timeseries/WPSFD4



All 3 inflation graphs, CPI, PCE, PPI, regular and core are in the post belo with more explanations and links to data sources