Red Hot PPI
Here's a quick chart of the PPI
Note that the 2% target rate is shown as a red dotted line across all 3 charts:
courtesy of Brian Jacobs
>
Its totally contained !
Tuesday, April 15, 2008 | 09:48 AM | Permalink
| Comments (11)
| TrackBack (0)
add to de.li.cious | 
digg this! | 
add to technorati | 
email this post
TrackBack
TrackBack URL for this entry:
http://www.typepad.com/t/trackback/763/28127134
Listed below are links to weblogs that reference Red Hot PPI :
Comments
Apparently the meme of the day is to ignore the PPI and focus on the CPI. Its all good....
Didn't you get that talking point, Barry?
Posted by: Mr. Obvious | Apr 15, 2008 9:51:47 AM
but the slowdown will bring down inflation, so we are all good!
Cut away Benny!
Posted by: UrbanDigs | Apr 15, 2008 9:56:23 AM
This looks great for my future grocery bill. I guess I should just stock up on milk and bread. I can tough it out and get use to the smell and taste.
Posted by: Lloyd | Apr 15, 2008 10:13:23 AM
These charts are delusionary low--from my edge of the world--steel.
Price change in steel making components from Feb 2007 to Feb 2008 (check it out at steelonthenet.com):
Thermal coal: 56.7 to 140.6 (147% increase)
Coking coal: 94.3 to 210.0 (122% increase)
Iron Ore: 84.7 to 140.6 (65% increase)
Natural gas: 302.0 to 369.0 (22% increase)
Scrap: 280 to 390 (39% increase)
Now what are the real numbers out there? Is there a hedonic adjustment for coal that just occurred? How about iron ore?
Posted by: Neal | Apr 15, 2008 10:33:56 AM
I'm sorry, I'm a little pissed but
F@#$ THE FED!!!!!!
They caused this blasted mess.
Since 2001 when they dropped rate to 1%
the CRB went from 184 to 580. 315% increase.
And thanks to lower interest rates we'll get more monetary inflation.
Abolish the FED and F@#$ 'em.
Posted by: Shane | Apr 15, 2008 10:34:58 AM
I'm sorry, I'm a little pissed but
F@#$ THE FED!!!!!!
They caused this blasted mess.
Since 2001 when they dropped rate to 1%
the CRB went from 184 to 580. 315% increase.
And thanks to lower interest rates we'll get more monetary inflation.
Abolish the FED and F@#$ 'em.
Posted by: Shane | Apr 15, 2008 10:35:38 AM
These charts are delusionary low--from my edge of the world--steel.
The steel industry is elitist and out of touch with the Real America.
Posted by: Sufferin' Succotash | Apr 15, 2008 11:08:08 AM
You're not making me feel better about things Neal... Thanks for the info though.
Posted by: Renting in Mass | Apr 15, 2008 11:15:00 AM
Remind me again what is the logic behind cutting interest rates while inflation keeps getting worse?
Posted by: Francois | Apr 15, 2008 12:51:36 PM
I'M MAD AS HELL AND I'M NOT GOING TO TAKE IT ANYMORE
Posted by: PUNISHER | Apr 15, 2008 3:48:22 PM
Their plan is to inflate themselves (us) out of debt.
Posted by: Pat G. | Apr 15, 2008 3:57:18 PM
