PPI drops to -3.7% in May
If yesterday was CPI day then today must be PPI day. Here's what the Producer Price Index looks like through May: If you look at goods and services separately, even the PPI for services was up only 2.9%—largely because of autos and auto parts. That's an excellent number since services are the prime contributor to ...continue reading "PPI drops to -3.7% in May"