PPI Inflation Spikes in Services and Finished Core Goods, Very Disconcerting by Wolf Richter • Feb 16, 2024 • 138 Comments Reheating services inflation isn’t a surprise. But the PPI for finished core goods saps hopes for goods “deflation” to hold down overall inflation.
Beneath the Skin of CPI Inflation, January: Powell’s Gonna Have a Cow when he Sees the Spike in “Core Services” Inflation by Wolf Richter • Feb 13, 2024 • 291 Comments But that’s how inflation is, once out of the bottle: It serves up nasty surprises.
Used-Vehicle Wholesale Prices Give Up 55% of Pandemic Spike: Historic Plunge after Crazy Spike by Wolf Richter • Feb 7, 2024 • 72 Comments But the plunge in retail prices of used cars and trucks hasn’t progressed nearly as much.
Great to Have a Good Job Market with Surging Wages, but Rate-Cut Mania Takes a Hit. And We Fret about Inflation Reheating by Wolf Richter • Feb 2, 2024 • 163 Comments It’s not just the top 10% or whatever who got the wage increases.
On the Surface, PCE Inflation Is Encouraging, But Beneath it, Core Services Accelerated, Housing Stuck at 5.7% for Six Months by Wolf Richter • Jan 26, 2024 • 106 Comments And a look back at the head-fakes core services inflation dished up last time with this type of inflation.
Inflation in Canada Refuses to Cooperate with Rate-Cut Bets by Wolf Richter • Jan 16, 2024 • 111 Comments Bank of Canada’s two preferred measures of underlying inflation accelerated, tripping up widespread expectations of cooling.
Beneath the Skin of CPI Inflation, December: Not in the Mood to Just Go Away by Wolf Richter • Jan 11, 2024 • 228 Comments The action is in services. But now new & used vehicle prices are rising again. And energy. Food edges to new painful high.
Fly in the Ointment: Month-to-Month Rent Inflation Accelerated, Stuck at 6%+ Annualized since March by Wolf Richter • Dec 22, 2023 • 115 Comments But overall and “core” PCE price indexes decelerated, on plunging gasoline prices, a dip in food prices, and a big drop in durable goods.
Inflationary Aspects of Spiking Corporate Profits by Major Industry: Starting All Over Again, Good Lordy! by Wolf Richter • Dec 21, 2023 • 145 Comments Inflation is like so not defeated? Jacking up prices faster than costs are rising creates stunning profits. Strong demand sees to it that companies can do it.
Beneath the Skin of CPI Inflation, November: Core Services Inflation Accelerates on Rents, Insurance, Healthcare by Wolf Richter • Dec 12, 2023 • 150 Comments But gasoline plunged and durable goods dropped. Food rose further from already painfully high levels.
