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The mainstream seemed to take the March CPI data as good news. With core CPI coming in below expectations, the narrative is that we’ve probably hit peak inflation. But the producer price data that came out yesterday tells a different story. The Producer Price Index (PPI) was up 1.4% month-on-month. On an annual basis, producer […]
The post More Inflation Pain: Producer Prices Chart Biggest Increase Ever first appeared on SchiffGold.