PPI is the under-card ahead of tomorrow’s main event CPI print, but nevertheless will offer some insights into how the inflation picture is evolving in the US and is expected to slow at the headline level but flat at the core level. The headline PPI printed +8.5% YoY (which was hotter than the expected +8.4% YoY) but down from August’s 8.7% (jumping 0.4% MoM after 2 straight months lower)…
