Price Trends and Economic Indicators
Donald Trump promised to bring prices down if he won the presidency, and recent data shows a decline in core producer prices. The Producer Price Index (PPI) measures the prices businesses receive for goods and services. Inflation remains elevated year-over-year, with a surge at the end of Joe Biden's presidency. Analysts are also tracking a 'super-core' PPI that excludes food, energy, and trade services.
Key Points
- Donald Trump's promise to bring prices down is supported by recent data
- PPI measures prices businesses receive for goods and services
- Inflation remains elevated year-over-year
- Analysts are tracking 'super-core' PPI for more accurate inflation measures
Pros
- Recent data shows a decline in core producer prices
- Analysts tracking 'super-core' PPI for more accurate inflation measures
Cons
- Inflation remains elevated year-over-year
- Surge in inflation occurred at the end of Joe Biden's presidency