PPI Shows Signs of Cooling Inflation With Smaller December Gain

The video discusses the core and final demand numbers, highlighting a decrease in the core from last month and a slight increase in final demand. It notes the impact of declining commodity prices on food and energy, which may rise again. Yearly final demand is up 9.7%, with the core at 6.9%, matching expectations. A breakdown shows services up by half a percent, while goods are down, reflecting commodity changes. Despite lower month-over-month numbers, the Fed is unlikely to find comfort in these figures.

What was the core number reported for the month?

How does the final demand number compare to the previous month?

What factors contributed to the decline in the final demand number?

What were the changes in final demand goods and services?

What is the significance of the inflation rates in services despite the lower month-over-month numbers?