Despite Rebound, Producer Price Inflation Weakest In 3 Years Following yesterday's mixed picture for consumer prices, producer prices are expected to rebound from September's shocking plunge and it did, beating expectations of a 0.3% MoM jump (but year-over-year growth in PPI slipped to +1.1% - the lowest since September 2016). Source: Bloomberg Core PPI rose 0.3% MoM but also slipped on a YoY basis to its coldest since March 2017... Source: Bloomberg Once again, Trump's tariffs have done nothing to drive prices higher as every establishment economist decried. Tyler Durden Thu, 11/14/2019 - 08:36 Tags Business Finance