Consumer Goods & Materials: Price data made headlines this past week. U.S. Consumer Price Index (CPI)(MoM)(Jan) jumped 0.5%, higher than forecast. The year-over-year number climbed to 3.0%. U.S. Producer Price Index (PPI)(MoM)(Jan) rose 0.4%, also more than expected.
Be sure to check out more of last week’s leading indicators here. Stay tuned for Market Thoughts.
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