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Is Inflation finally "Transitory"? (CPI) Consumer Price Index & (PPI) Producer Price Index Come in Low! 

The CPI & PPI reports came out this past week and it was shocking what came of it. Instead of boring you with more information then you would want, here is a simple breakdown....

CPI
  • MONTH OVER MONTH (MOM) CONSUMER INFLATION CAME IN FLAT AT 0% (Expected to be 0.2%)
  • MOM CONSUMER INFLATION LESS FOOD & ENERGY CAME IN AT 0.3% (Expected to be 0.5%)
  • ANNUALIZED INFLATION CAME IN AT 8.5% 

PPI
 
  • MOM PRODUCER INFLATION CAME IN -0.5% (This is awesome news)
  • PRICES FOR FINAL GOOD DROPPED 1.8% 
 
Overall this is awesome news going forward....IF IT CONTINUES

For real estate, If this continues and inflation keeps declining, THIS IS GOOD. The FED might have to tighten less which will mean interest rates stay closer to where they are now. Instilling that additional confidence the market needs...
 

Looking for the hardest working agent in the Metro Atlanta area?

Call/ Text Carson Hulak 404-680-0710

 

I am always here to help you!





Carson Hulak                             

Hulak Realty Group

Virtual Properties Realty

(404)-680-0710

 

Thank you for your valuable time today

 

As always, I really look forward to working with you now or down the road..

 

Carson

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