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Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Pric
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Posted On: July 14, 2022
The “Producer Price Index” (PPI) 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 June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level. Overall, the wholesale inflation rate […]
The post Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession appeared first on The Last Refuge.
Re Posted From: Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession
[BACK]
[BACK]Posted On: July 14, 2022
The “Producer Price Index” (PPI) 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 June price data [Available Here] showing another 11.3% increase year-over-year in Final Demand products at the wholesale level. Overall, the wholesale inflation rate […]
The post Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession appeared first on The Last Refuge.
Re Posted From: Producer Price Index Hits Peak 11.3 Percent Inflation Driven by Biden Energy Policy – Service Prices Now Indicate Recession