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Final Goods Producer Price Index Rises 9.7 Percent in December, Highest Rate of Inflation Since Reco
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Posted On: January 13, 2022
Unfortunately, the upward trend is continuing unabated. The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released December price data [Available Here] showing a dramatic 9.7% increase year-over-year in Final Demand products at […]
The post Final Goods Producer Price Index Rises 9.7 Percent in December, Highest Rate of Inflation Since Records Began appeared first on The Last Refuge.
Re Posted From: Final Goods Producer Price Index Rises 9.7 Percent in December, Highest Rate of Inflation Since Records Began
[BACK]
[BACK]Posted On: January 13, 2022
Unfortunately, the upward trend is continuing unabated. The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate (processing), and then Final (to wholesale). Today, the Bureau of Labor and Statistics (BLS) released December price data [Available Here] showing a dramatic 9.7% increase year-over-year in Final Demand products at […]
The post Final Goods Producer Price Index Rises 9.7 Percent in December, Highest Rate of Inflation Since Records Began appeared first on The Last Refuge.
Re Posted From: Final Goods Producer Price Index Rises 9.7 Percent in December, Highest Rate of Inflation Since Records Began