It doesn’t seem to matter if you’re trading penny stocks or stocks over $5; what’s happening in the stock market this week has greatly impacted sentiment on the inflation outlook. Yesterday’s Producer Price Index showed a surprise jump in inflation. September PPI inflation data came in at 8.5% compared to expectations of 8.4%. The fine details also showed multiple instances of rising prices, especially for food and energy.
While yesterday it was about the cost to produce goods, the consumer cost is what everyone is paying attention to in the stock market today. This article breaks down the September CPI Report live and discusses key takeaways for you to digest and game plan around before making your next investment.
This post originally appeared at PennyStocks.com.