Apr 12 2024
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U.S. Consumer Prices Index vs. U.S. Composite PMI Input Prices (Leading Indicator)

U.S. Composite PMI Input Prices tend to lead U.S. CPI by 6 months, reflecting the impact of changes in input prices on consumer prices over time.

Image: Charles Schwab

U.S. Consumer Prices Index vs. U.S. Composite PMI Input Prices