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9th Sep 2021 13:24U.S., Economic Monitor

  • Core PPI inflation likely hit a new high in August, but the month-to-month increases are set to slow.
  • Much of the recent surge has been due to widening margins, especially in autos; this can't last forever.
  • The drop in jobless claims reported yesterday is noise, not signal, and it says nothing about payrolls.

August china core pce core PPI cpi economists inflation ism jobless claims July labor manufactured goods May payrolls pce ppi PPI inflation retail retail sector supply survey trade trade services u.s. vehicles weather

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Keywords for: Core PPI Inflation is Still Rising, but Monthly Gains Look Set to Slow

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