Chart of the Week: Import Prices as a Leading Inflationary Indicator
PPI came in stronger than many economists expected today. However, it is no surprise to readers of Mike Panzer’s research.
His work suggests that import prices are a leading indicator of U.S. inflation. Import prices
Source: Michael Panzner
This suggests that inflation is far from dormant, courtesy of increasing import prices.
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Tuesday, November 16, 2004 | 11:24 AM | Permalink
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Comments
Great chart, but it's not necessarily true that any rise in producer prices are 'courtesy of import prices.'
Posted by: cb | Nov 17, 2004 9:38:51 PM
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