Latest Raw Materials Price Index now out
– -6.8% prev from -6.6%
– yy -20.9% vs -24.8% prev
– IPPI mm -0.3% vs -0.1% exp vs -0.3% prev
– yy -0.4% as prev
The Raw Materials Price Index (RMPI) measures the change in the price of
raw materials purchased by manufacturers. It is a leading indicator of
consumer inflation, which accounts for a majority of overall inflation.