
The Kobeissi Letter|Apr 11, 2025 13:02
BREAKING: March PPI inflation FALLS to 2.7%, below expectations of 3.3%.
Core PPI inflation FALLS to 3.3%, below expectations of 3.6%.
We just saw the first month-over-month decline in PPI inflation, down -0.4%, since March 2024.
Both CPI and PPI inflation are down SHARPLY.
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