Why December data for November PPI / CPI are likely to print negative readings & YoY PPI is likely to approach deflationary territory
RedditOne of the largest components of CPI / PPI that we can track is oil / gasoline. Sept->Oct saw prices drop 5-6%. PPI energy was -6.5%. While we do not have exact numbers in advance, tracking Brent Crude or WTI are good proxies of what to expect one …