Inflation rises to 11.2% in producer index,
highest on record
Posted By: Happy Place USA, 4/13/2022 8:52:17 AM
Producer prices increased a scorching 11.2% for the year ending in March, according to a report Wednesday from the Bureau of Labor Statistics, the highest on record. The inflation rate in Wednesday’s producer price index report was up 1.4 percentage points from the previous month and is the highest in the gauge’s 11-year history. Wednesday’s news signals more inflationary pain to come for households. The producer price index gauges the wholesale prices of goods, which are eventually passed down to consumers. The news came just a day after a report for the month of March found consumer prices increased by 8.5% —
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Producer prices increased a scorching 11.2% for the year ending in March, according to a report Wednesday from the Bureau of Labor Statistics, the highest on record.
The inflation rate in Wednesday’s producer price index report was up 1.4 percentage points from the previous month and is the highest in the gauge’s 11-year history.
Wednesday’s news signals more inflationary pain to come for households. The producer price index gauges the wholesale prices of goods, which are eventually passed down to consumers.
The news came just a day after a report for the month of March found consumer prices increased by 8.5% —
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agents outraged by White House spin over
First Dog bites 33 replies
agents outraged by White House spin over
First Dog bites 33 replies
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See video of Capitol Police Officers letting Trump Supporters in The Capitol:
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White House explanation for mystery substance
that landed on Biden raises A LOT of eyebrows 26 replies
that landed on Biden raises A LOT of eyebrows 26 replies
President Joe Biden’s latest speech, it appears, was one for the birds. At least it seemed that way, as the somewhat hapless commander-in-chief gave what was meant to be a rousing speech and pep rally in Iowa on Tuesday. It was difficult to miss what appeared to be the projectile of avian fecal matter that scored a direct hit on the president’s left lapel. Although, after much mockery, the White House has given clarification on the supposed flying mystery substance that many aren’t buying.
Comments:
And it's all Putin's fault. Or is it Trump's fault? Or is it COVID's fault?