#CPI data preview is unique on the Internet and there is a surprise at the end
#CPIDataForecast The only one on the Internet. There is a prediction at the end of the article
First, let me explain last night’s PPI and tonight’s CPI data:
Producer Price Index PPI (Producer Price Index) is an indicator that measures the changes in the average price level of products when they leave the factory.
Consumer Price Index CPI (Consumer Price Index), or consumer price index, is an indicator that measures the change in the average price paid by consumers for a fixed basket of goods and services;
The two are usually positively correlated and together with PCE serve as important indicators of inflation.