Producer Price Index (PPI) Year Over Year
The Producer Price Index rose 0.8% in September, the largest increase since April. The PPI measures inflation on a wholesale level. Increases in wholesale costs generally increase the price of consumer goods as companies pass on increased costs to consumers.
In this chart, you can see the change in finished goods over the last 12 months. Though September 2011 is down slightly from the 2011 high of 7.2 in July, the change in finished goods is up sharply year over year. Remember, inflation is the archenemy of bonds, so Bond market players will be keeping a close eye on these numbers.
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