Producer Price Index: The Future of Consumer Prices | Episode 073 | 11-15-23

In this episode of "Markets with Megan", Chief Investment Officer Megan Horneman provides her insights on the recent Producer Price Index (PPI) report. She discusses a significant monthly decline in producer prices, the most substantial since 2020. She attributes this decline not only to energy prices but also to decreases in food and consumer goods. Also emphasizes its focus on the costs of underlying products, excluding wage costs. Megan suggests that the dip in producer prices might precede moderation in the consumer price index, offering hope for inflation control.