This is good for producers, though, right?
Their input costs are declining, while final goods' prices are flat. That should mean higher profits.
54 sats \ 1 reply \ @TomK OP 21 May
I don't know if You see commodity prices rising, pressure on consumer prices, too... looks like margins are suppressed
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It looks to me like producer prices are down about 2.5% while consumer prices are stable.
Although, I didn't notice that the scales are dramatically different for the two measures. That pandemic PPI spike way more than offsets the more recent dip.
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