🇺🇸 Tariff costs are moving into the selling chain, and the CPI print at 3.8% is probably a floor Home Tags The day in view 🇺🇸 Tariff costs are moving into the selling chain, and the CPI print at 3.8% is probably a floor Macro Soup Newsroom May 13, 2026 3 min read Share on X Share on Facebook Share on LinkedIn Share on Pinterest Email Copy link April PPI surged +1.4% MoM to a +6.0% annual rate as tariff costs move into the wholesale and retail chain. CPI hit 3.8% YoY, the 10-year reached 4.49%, and the soft-landing math is getting harder to defend. Cleveland Fed median CPI trends through 2025. Read next Featured Post The week in view 📰 Weekly Macro Roundup: 2026-05-30 Paid Post The week in view 🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
Paid Post The week in view 🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
Paid Post The week in view 🇨🇳 China's industrial profits are at a 30-month high. Retail sales are at a 40-month low.
Paid Post The week in view 🇪🇺 Germany's May CPI misses by 30 basis points, and the energy impulse behind Schnabel's post-June case is already fading
Paid Post The week in view 🇬🇧 UK composite PMI fell to a 13-month low in May while services input costs hit an all-time survey high
Paid Post The day in view 🇨🇳 PBOC's May easing has reached the offshore channel, but the order book hasn't followed
