What was the forecasted increase for PPI mentioned in the text?
US Producer Prices Top Estimates in November at 0.3%
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The video discusses the Producer Price Index (PPI) and its monthly and yearly changes. It highlights a monthly increase in PPI, exceeding forecasts, and a decrease in yearly inflation due to base effects. The video also examines the role of services in driving inflation, which is a concern for the Federal Reserve.
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1.
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3 mins • 1 pt
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2.
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3 mins • 1 pt
How did the final demand year-over-year percentage change according to the text?
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3.
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3 mins • 1 pt
What is the core rate for PPI as stated in the text?
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4.
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3 mins • 1 pt
What does the text suggest about the inflation trend on a year-over-year basis?
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5.
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3 mins • 1 pt
Which area is identified as a concern for the Fed regarding inflation?
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