Oil Makes A 12-month Low; Guidance From Col. Hackworth
December 12, 2022 at 00:46 AM EST
The Producer Price Index by Commodity (PPIACO): -0.72% month over month (m/m), +9.07% year over year (y/y). Producer price inflation is falling – it is less than half of what it was at the peak (23%) in October, 2021.
