Spectra Markets analyst: Weak PPI does not necessarily mean weak CPI, but it does happen at times

TechFlow news, January 14 — According to Jinshi News, Spectra Markets analyst Brent Donnelly said that data from the past decade shows when both headline PPI and core PPI come in below expectations, CPI for the same month exceeds expectations only 21% of the time, meets expectations 39% of the time, and falls short of expectations another 39%. Based on this historical pattern, Wednesday's upcoming U.S. December CPI report may undershoot Wall Street's forecast of 0.3%. The analyst noted that while it is now uncommon for the U.S. Department of Labor to release PPI before CPI within the same month, this was the standard practice prior to 2018.