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Wholesale Inflation Down

The Producer Price Index (PPI) released today shows the biggest drop in wholesale inflation since records began in 1947. Most of the decline can be attributed to the 25%+ drop in gas prices. However, the Core PPI ( which excludes food and gas ) increased more than expectations. The year-over-year Core PPI shows the highest reading in nearly 20 years. In general, deflation, not inflation, is of immediate concern.

Posted by Scott Fowler - Greenville SC Mortgage Planner on 11/18/2008 02:31 PM

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inflation, ppi, core ppi

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1 Comments on Wholesale Inflation Down

NOV

2008

Hi Scott;

Great information and I thank you for sharing. Good Luck!!

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Scott Fowler - Greenville SC Mortgage Planner

Greenville, SC

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