PPI is a leading indicator for CPI, since it represents what producers are paying. A falling PPI would (probably) indicate lower CPI inflation in future releases.
> PPI is a leading indicator for CPI, since it represents what producers are paying. A falling PPI would (probably) indicate lower CPI inflation in future releases.
PPI and CPI historically are loosely correlated, but show no clear lead-follow relationship. PPI seems to swing harder, but not first.
PPI and CPI historically are loosely correlated, but show no clear lead-follow relationship. PPI seems to swing harder, but not first.
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