The market's reaction to this report was.... odd.The Producer Price Index for final demand increased 0.5 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.4 percent in December 2025 and 0.2 percent in November. (See table A.) On an unadjusted basis, the index for final demand rose 2.9 percent for the 12 months ended January 2026.The text severely-understated the problem: Goods, less food and energy, were up 0.7%; the energy index was down 2.7% which is almost-certainly a sample-week anomaly. But.......(Click link to read more)