Wednesday, October 12, 2022


 The Producer Price Index is in, and it ain't good.  It looks like producer prices are running at 8.5%.

“Excluding food, energy and trade services, the index increased 0.4% for the month and 5.6% from a year ago,” CNBC’s report added.

If you add in food and energy, there is no telling how high the number might be. 

The Consumer Price Index is supposed to come out tomorrow, and it spells very bad news for the Biden economic plan.  Which is to say, he doesn't have an economic plan.

No comments: