In this week’s episode, Mark takes another look at the Producer Price Index. As suggested in an episode from September 2023 (see https://Mises.org/MI_35), the PPI has indeed leveled off and is no longer “contributing” to the Federal Reserve’s “Immaculate Disinflation.” Mark points out that wholesale price increases are already in the long PPI “pipeline” and will likely make the Fed’s announced plans fall apart.
Additional Resources
PPI at Fred: https://Mises.org/MI_67A
PPI 2022: “The Producer Price Index” at https://Mises.org/MI_35
CPI: “Where’s the Beef?” at https://Mises.org/MI_36
“The Fed’s Immaculate Disinflation”: https://Mises.org/MI_03
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