In this article we take a look at the key inflation metrics out of the U.S. over the past week. This article focuses on CPI and PPI, while a second installment looks at other data points to gain a fuller view of inflation in the U.S. In terms of the February results, both CPI and PPI were up (2.2% and 5.8%, respectively, on a year/year basis). Of course, both sets of statistics are on a headline basis.
Is the correction over?
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