It could be better, but the producer-price index results for October could have been worse, too. Today’s report from the Bureau of Labor Statistics puts the annual PPI inflation rate at 8%, its lowest level in more than a year, even if it’s still too high. Even better, the monthly rate of increase only hit 0.2% — although that’s mainly due to a significant decrease in service prices:Read More
Bidenflation breather? PPI dips to 8%, up 0.2% in October
