pull down to refresh
21 sats \ 2 replies \ @Cje95 15 May 2024
I am just sayin the numbers from yesterday and today.... something doesn't add up because PPI numbers were almost double expected yet CPI came in under? Yeah that just doesn't add up right....
reply
5 sats \ 0 replies \ @Undisciplined 15 May 2024
Consumer demand can be low because families are more budget constrained, which means consumer prices can't rise enough to compensate producers for their rising costs. You can only charge what the market will bear.
I'd say that if both PPI and CPI are telling an accurate story, then we're about to see lots of businesses going under.
reply
0 sats \ 0 replies \ @zuspotirko OP 15 May 2024
PPI hot & CPI cold means corporations have margin pressure. It means they pay more than expected for their input materials but can't sell them for more than expected.
Wdym with "add up"? What/why should these numbers align completely, that wouldn't make sense.
reply
0 sats \ 0 replies \ @zuspotirko OP 15 May 2024
❖ U.S CPI (MOM) (APR) ACTUAL: 0.3% VS 0.4% PREVIOUS; EST 0.4%
❖ U.S CPI (YOY) (APR) ACTUAL: 3.4% VS 3.5% PREVIOUS; EST 3.4%
❖ U.S CORE CPI (MOM) (APR) ACTUAL: 0.3% VS 0.4% PREVIOUS; EST 0.3%
❖ U.S CORE CPI (YOY) (APR) ACTUAL: 3.6% VS 3.8% PREVIOUS; EST 3.6%
reply