Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Wholesale Prices Docile As Tariff Spike Fails To Materialize
Another day, another benign read on a key gauge of US price pressures.
Wholesale prices barely rose
The trend is ticking warmer even if the level is cool.
May price index for final demand +ve MOM (+01%) incl for both goods (+0.2%) and services (+0.1%), from April’s -ve (-0.2%) incl less +ve goods (-0.1%) and -ve services 0.4%).
Tragically, BLS to discont index for “Small arms ammunition manufacturing”.
Table A, p. 2 and table 2, p 12 here https://www.bls.gov/web/ppi/ppi_dr.pdf
H-Man, the slow developing storm is coming.