August Producer Price Index Holds Firm

• September 14, 2017
• realestatelife
• Announcements, Business & Markets, Real Estate, Real Estate Finance

August Headline CPI YOY 1.9% vs. estimates of 1.8%
Core CPI YOY 1.7% vs. estimates of 1.6%. CPI MOM 0.4% vs. estimates of 0.3%. Core CPI 0.2% vs estimates of 0.2%. Inflation is a little higher than expected and a frogs-hair away from 2.0%, which is a slight negative for pricing.