The delayed October and November data revealed that PPI inflation was higher than most expected toward the end of last year, but that was largely due to revisions to the data for September, which have not affected our estimates for the PCE deflator that month. The big picture is that there is still little in the PPI data for the Fed to be concerned about.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.
