The August PPI report provides helpful insights into recent #inflation trends. On a month-over-month basis, the headline index grew by 0.4%, which perfectly matched the 0.4% estimate. Furthermore, the figure for the preceding period was adjusted higher to 0.1%, an upward revision from the initially reported 0.0%. When examining the core numbers, month-over-month growth stood at 0.2%. This result came in just shy of the anticipated 0.3% estimate. Similar to the headline data, the previous core reading also experienced a positive adjustment, revising upward to 0.3% from the original 0.2%.
