PPI inflation in both services and finished core goods has seen a significant spike in recent months, raising concerns among analysts and consumers alike. The sharp increase in prices for these essential products has led to growing unease about the overall state of the economy.
The US dollar experienced a slight dip yesterday as market attention shifted towards the steadily declining core inflation rate. This downward trend has raised concerns among investors regarding the overall health of the US economy.
The latest US Consumer Price Index (CPI) report, scheduled for release later this week, is expected to reveal a continued softening in core inflation. Economists anticipate that this decline is primarily driven by the persistent slide in goods prices.
Brace yourself, as the popular food delivery giant, DoorDash, plans to branch out beyond its core restaurant business in the United States. The company has announced an ambitious expansion strategy that aims to diversify its offerings and tap into new markets.
