CNN CNN Newsroom June 4, 2024 14:17:00
Charts. we want to mark this moment where it looks like there's a peaking in this terrible inflation story. over the past 12 months the producer price index up 6.2%. guys, that's still too high, but look at from month to month, down half a percent and when you look at the chart of producer price inflation this is running half the level it was at the peak. that's important. that is really showing you that the worst of the price increases are behind us. when i dig into the core number, this next chart is one of my very favorites because three of the last six months you have had prices decline fr...