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Production Prices Continue Exceeding Current Consumer Prices, Meaning Higher Prices Still Coming
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Posted On: June 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 the May 2022 price data [Available Here] showing another 10.8% increase year-over-year in Final Demand products at the wholesale level. The inflation […]
The post Production Prices Continue Exceeding Current Consumer Prices, Meaning Higher Prices Still Coming appeared first on The Last Refuge.
Re Posted From: Production Prices Continue Exceeding Current Consumer Prices, Meaning Higher Prices Still Coming
[BACK]
[BACK]Posted On: June 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 the May 2022 price data [Available Here] showing another 10.8% increase year-over-year in Final Demand products at the wholesale level. The inflation […]
The post Production Prices Continue Exceeding Current Consumer Prices, Meaning Higher Prices Still Coming appeared first on The Last Refuge.
Re Posted From: Production Prices Continue Exceeding Current Consumer Prices, Meaning Higher Prices Still Coming