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Inflation Complacency Macro Tides Weekly Technical Review 19 April 2021 The Labor Department has announced March figures for headline and core inflation for the Producer Price Index (PPI) and Consumer Price Index (CPI), and all of the numbers exceeded the estimates. Please share this article - Go to very top of page, right hand side, for social media buttons. On April 9 the Labor Department reported that the Producer Price Index (PPI) rose 4.2% from March 2020 and comfortably above the forecast increase of 3.8%. The Core PPI, which excludes food and energy, rose 3.1% from a year ago and higher than the estimate of 2.7%. On April 13 the headline CPI was up 2.6% from March 2020 versus an expected increase of 2.5%, and the Core CPI rose 1.6% compared to 1.5% in the forecast survey. ....