The April Producer Price Index or PPI is a measure of wholesale inflation, while the Consumer Price Index CPI measures the Price paid by consumers.

We are seeing a different take from the Producer or Manufacturer regarding inflation.

Overall producer inflation increased 0.2%, less than the expected 0.3%. Our year over year has declined from 2.7% to 2.3%. This is huge and very good news. The Peak was 11.7%.

We are seeing rate improvement as expected. Have a great rest of your week.