PVG Market In A Minute - October 11, 2022
PVG Admin
October 11, 2022
The CPI report is a key indicator, on Wednesday the PPI is reported, the CPI will be roughly around the same level. We would expect the year-over-year trend to show some slowing soon, however, the way the BLS calculates these numbers it is hard to have a lot of confidence in terms of timing. We are seeing estimates of the actual real year-over-year CPI up as high as 14.5%