 | AUTHOR: Kerry Hilsabeck, CFP® TITLE: Investment Adviser Rep TAGS: Jobs, CPI, PPI, Yields, S&P 500 |
Our focus this week is in Consumer Goods & Materials; prices will continue to be top of mind throughout 2024.
The Core Consumer Price Index (CPI)(YoY)(Dec) rose 3.9% (down from 4% in Nov). CPI(YoY)(Dec), however, rose to 3.4% (up from 3.1% in Nov). Core Producer Price Index (PPI)(YoY)(Dec), which is a good indicator of upcoming data for CPI, fell to 1.8% from 2% (Nov).
Be sure to check out more of last week’s leading indicators here and stay tuned for Market Thoughts.
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