On the SPOT™ blog (04/13/2023) [W..]
- Salyl Bhagwat
- Apr 13, 2023
- 3 min read
Good news this morning. PPI number showed decline and noticeably better number than expectations. Both CPI and PPI have suggested that inflation is cooling but PPI number (prices paid by producers) looks much better. Markets have responded well to this news as all three major US indices appear to be in the green (at the time of writing this blog in the morning PST).