Producer Price Inflation Continues Surging at 11 Percent, Annualized Processed Food Increases Now 34.8 Percent
from The Conservative Treehouse: 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 April price data [Available Here] showing another 11.0% increase year-over-year in Final Demand products at the wholesale level. Last month […]
Source: https://www.sgtreport.com/2022/05/producer-price-inflation-continues-surging-at-11-percent-annualized-processed-food-increases-now-34-8-percent/
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