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Wholesale prices measure rose 9.6% in November from a year ago, the fastest pace on record
SFGbob
Member Posts: 33,183
Biden continues to do a pretty good job.
Wholesale prices increased at their quickest pace on record in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday.
The producer price index for final demand increased 9.6% over the previous 12 months after rising another 0.8% in November. Economists had been looking for an annual gain of 9.2%, according to FactSet.
https://www.cnbc.com/2021/12/14/wholesale-prices-measure-rises-9point6percent-in-november-from-a-year-ago-the-fastest-pace-on-record.html
Wholesale prices increased at their quickest pace on record in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday.
The producer price index for final demand increased 9.6% over the previous 12 months after rising another 0.8% in November. Economists had been looking for an annual gain of 9.2%, according to FactSet.
https://www.cnbc.com/2021/12/14/wholesale-prices-measure-rises-9point6percent-in-november-from-a-year-ago-the-fastest-pace-on-record.html
Comments
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Good. That hurts the rich and is good for the middle class and poor. It's what I'm hearing. Don't twist.
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That’s what I’m hearing too. And increasing spending on welfare like programs and green energy using printed money to pay for should help with inflation too.MikeDamone said:Good. That hurts the rich and is good for the middle class and poor. It's what I'm hearing. Don't twist.
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Inflation is on account of corporate greed, not anything the Biden Admin is doing.
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It’s only transitory greed though.SFGbob said:Inflation is on account of corporate greed, not anything the Biden Admin is doing.
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I admire her ability to spew so much bullshit with convictionSFGbob said:Inflation is on account of corporate greed, not anything the Biden Admin is doing.
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Transitory.Bob_C said:
That’s what I’m hearing too. And increasing spending on welfare like programs and green energy using printed money to pay for should help with inflation too.MikeDamone said:Good. That hurts the rich and is good for the middle class and poor. It's what I'm hearing. Don't twist.
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Primo dacha blueprints already drawn up.CuntWaffle said:
I admire her ability to spew so much bullshit with convictionSFGbob said:Inflation is on account of corporate greed, not anything the Biden Admin is doing.
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Isn’t this how it always is though? Big Meat always seems to be the cause of the country’s problems.SFGbob said:Inflation is on account of corporate greed, not anything the Biden Admin is doing.
