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Producer Price Inflation Sets New Record at 10 Percent, No Relief in Sight
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Posted On: March 15, 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 February price data [Available Here] showing a dramatic 10.0% increase year-over-year in Final Demand products at the wholesale level. This is the […]
The post Producer Price Inflation Sets New Record at 10 Percent, No Relief in Sight appeared first on The Last Refuge.
Re Posted From: Producer Price Inflation Sets New Record at 10 Percent, No Relief in Sight
[BACK]
[BACK]Posted On: March 15, 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 February price data [Available Here] showing a dramatic 10.0% increase year-over-year in Final Demand products at the wholesale level. This is the […]
The post Producer Price Inflation Sets New Record at 10 Percent, No Relief in Sight appeared first on The Last Refuge.
Re Posted From: Producer Price Inflation Sets New Record at 10 Percent, No Relief in Sight