- Prior was +16.4% y/y
- Prices +1.7% m/m vs +0.8% prior
- Raw materials price index+37.4% y/y vs +38.3% prior
- Raw materials price index +2.5% m/m vs -2.1% prior
- Gasoline +14.6% m/m
- Fruit, vegetables, feed and other food products up 2.2% in ninth consecutive monthly rise (+15.0% y/y)
- Full report
I think the dip in the y/y number gives a misleading impression. The +1.7% m/m rise is more relevant for forward pricing and indicates no let-up in pipeline inflation.
