When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
BUL - Producer Prices For Goods Rise And Fall With Oil Prices
Pacer US Cash Cows Growth
Any Producer Price Index is a measure of prices received, not prices paid. It measures prices U.S. businesses received for about 3700 commodities and 800 services.
Since producer prices are not just paid by Americans or consumers, among many other reasons, the PPI is not comparable to the CPI (and certainly not a leading indicator of some future CPI).
In short, past oil price spikes also created alarming year-to-year inflation statistics, as they have this year.