PPI Surges Despite CPI Dip, Inflationary Pressures Persist  Following yesterday's surge in the Consumer Price Index (CPI), the PPI also increased, with headline producer prices rising 0.2% Month-over-Month (MoM) compared to the expected 0.3% MoM, pushing the Year-over-Year (YoY) PPI to +2.1% from the expected +2.2% - marking the highest level ...

CPI Surges: Energy & Services Drive Unexpected Inflation Jump  After consistently rising month-over-month for the past five months, the Consumer Price Index (CPI) was anticipated to show a modest slowdown in March, from a 0.4% increase to a 0.3% increase. However, it unexpectedly rose by 0.4%, equaling the highest level since August 2023, ...