BLS published March PPI results this morning showing an increase of just over 11% year over year for 
PPIFIS (Final Demand) or slightly more than 1.3% increase month over month.
This leaves critical information out and paints a partial picture asPPIACO (All Commodities) reflects a full 20.46% increase year over year and over a 2.8% increase in March over February.
Shared monthly charts reflect trends for bothPPIACO and PPIFIS with trend presenting projections of:
PPIACO: +2.49% month over month, 21.8% year over year
PPIFIS: +1.22% month over month, 11.45% year over year
Price increases of all commodities, which is not reflected in the PPI narrative given the BLS news release, is an important factor to consider, especially when tracking against the market indices.
PPIFIS (Final Demand) or slightly more than 1.3% increase month over month.This leaves critical information out and paints a partial picture as
PPIACO (All Commodities) reflects a full 20.46% increase year over year and over a 2.8% increase in March over February.Shared monthly charts reflect trends for both
PPIACO and PPIFIS with trend presenting projections of:PPIACO: +2.49% month over month, 21.8% year over year
PPIFIS: +1.22% month over month, 11.45% year over year
Price increases of all commodities, which is not reflected in the PPI narrative given the BLS news release, is an important factor to consider, especially when tracking against the market indices.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.