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PPI declined for May 2024
PPI final price demand was reduced to -0.2% in May, seasonally adjusted. Compared to last month PPI, which was at 0.5%, this is good news. However, Final demand is still up by 2.2%, unadjusted, from 12 months ago. You can find the report here. The decrease for the final price demand for the month of… Read more
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CPI remains unchanged for May 2024
Keep this in handy, Consumer Price Index (CPI) is not “inflation”, it’s a measure of inflation. The higher the inflation, the lower the purchasing power of the currency, which means it cost more to buy a product or service. You can see the report here. Remember, this is not seasonally adjusted. For the month of… Read more
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The RedBlueprint 