Measure March Actual Consensus Est. Surprise Signal PPI Headline MoM +0.5% +1.1% –60bps Energy spike not diffusing into producer costs PPI Core MoM (ex food/energy) +0.1% +0.5% –40bps No second-round effects at producer level CPI Headline MoM (April 10) +0.9% +0.9% In-line Gasoline +21.2% drove ~3/4 of headline CPI Core MoM (April 10) +0.2% / […]

