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Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record
CNBC ^ | 12/14/21 | Jeff Cox

Posted on 12/14/2021 5:55:15 AM PST by tatown

Wholesale prices increased at their quickest pace ever in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday.

The producer price index for final demand products increased 9.6% over the previous 12 months after rising another 0.8% in November. Economists had been looking for an annual gain of 9.2%, according to FactSet.

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: economy; inflation; wholesaleprices; wholesalinflation
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To: Bon of Babble

LOL! We read the same sites, obviously. I knew there was a reason I liked you. ;)


21 posted on 12/14/2021 6:19:11 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: tatown

Look for Soros to short the U.S. dollar.

He’s done that to other currencies, sending them into the toilet.


22 posted on 12/14/2021 6:19:38 AM PST by Westbrook
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To: Westbrook
That’s what happens when you flood the money supply with trillions of zero-value dollars.

Wait until Manchin votes to release another trillion. I hope he realizes that when he caves he is the sole reason for the economic disaster.

23 posted on 12/14/2021 6:19:55 AM PST by 1Old Pro (Let's make crime illegal again!)
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To: tatown

....which means that inflation has barely started, let alone “peaked.”


24 posted on 12/14/2021 6:21:05 AM PST by Vermont Lt
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To: Diana in Wisconsin

I hope you have a slaughter date. Around here, it is 6-12 months out. You get a date and then you get a cow.


25 posted on 12/14/2021 6:25:17 AM PST by Clay Moore (Truth sounds like hate to those who hate truth.)
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To: tatown

They’re gonna keep milking that Covid train for all it’s worth. Simultaneously blaming Covid, while they enforce lockdown measures and free money to the sponges. All along with shutting down the energy sector.
These people are not all this stupid. It’s a plan to destroy the USA so it can be “fundamentally changed and Built back better”.


26 posted on 12/14/2021 6:27:35 AM PST by vpintheak (Live free, or die!)
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To: Westbrook

The dollar is actually rebounding because the rest of the world’s economy sucks. Europe is shutting down again, Australia is in trouble; China is going bankrupt.

The only people making money are the Saudis and Russians (with their oil sales.)

When the dollar turns downward...that will be a bad day on Wall and Broad.


27 posted on 12/14/2021 6:27:58 AM PST by Vermont Lt
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To: Diana in Wisconsin

Did you name him for the grill, where he will wind up? ;^}


28 posted on 12/14/2021 6:33:04 AM PST by GOYAKLA
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To: Diana in Wisconsin

I thought it was because of the photos of my gardens.

The Financial sites I read use Shadow Stats as their source of info, NOT government stats.

I’ve made a lot of money following their advice...


29 posted on 12/14/2021 6:33:51 AM PST by Bon of Babble (Rigged Elections have Consequences)
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To: Clay Moore

Yes. We were surprised that we had to wait until March, 2022. We got ‘Weber’ in December, 2020. We’re using a new guy who brings his big tricked-out semi trailer and butchers right here. Much easier on the animal, which improves the meat, as he doesn’t know what’s coming. ;)

I’m campaigning for two hogs this coming season. I LOVE pork the best and with all the recalls, I want to grow my own. Iowa pork is the best and I can usually get that (I’m about 45 minutes from Iowa) but the price! Yeesh!

Still have Elk, Bear and various fish in the freezers - working on eating that up to make room for Weber, come March. Tackling Bear Ribs this coming week. Beau is a HUGE bear hunter and the guys he hunts with have no clue on how to make the ribs, (Instant Pot to the rescue!) so he always has a ton of those stockpiled and frozen once the season has ended.


30 posted on 12/14/2021 6:40:55 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: GOYAKLA

Yes, I did! The next one is going to be named ‘Chuck’ for Chuck Roast. ;)

We’ve already raised ‘Dinner’ and ‘Supper’ but it was time to get more creative. ;)

He’s having a great life. He has our Mule to keep him company, and since we’ve had such a warm fall season, he’s still been on fresh grass up until this past week.


31 posted on 12/14/2021 6:43:06 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Bon of Babble

Well, your garden IS gorgeous, too, of course!

And nothing wrong with ‘Sisters doin’ it for themselves’ when it comes to making money. You know I’m a Goldbug, so things have been good for me this past decade, too. Yeah, it’s dipping right now - panic selling, but it’ll be back up again.

Diversity, in all things, is our friend. ;)


32 posted on 12/14/2021 6:47:15 AM PST by Diana in Wisconsin (I don't have, 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set. )
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To: Sacajaweau
Beef prices are out of sight. If they think they can make me a vegan...they’re fooling themselves.

If you think eating vegan is any cheaper, you're kidding yourself.

I've given up on beef. Chicken, pork (when it's cheap) and turkey (I buy whole at cheap prices, cook, and make multiple meals out of them) are all I'll buy at this point. I'm NOT paying upwards of $6.99/lb for ground beef and well over $13/lb for anything else. Just can't do it when I can fill my protein requirements another way.

#BIDENFLATION is real.

33 posted on 12/14/2021 7:00:32 AM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: tatown

Welcome to hyper inflation.


34 posted on 12/14/2021 7:05:41 AM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: tatown

“Wholesale prices increased at their quickest pace ever in November in the latest sign that the inflation pressures bedeviling the economy are still present, the Labor Department reported Tuesday.”

The gaslighting in just that one sentence is awe striking.

First there is the “bedeviling the economy”, as though this is something unexpected and unexplainable.

Then there is “still present”, when in fact it’s not only still present but accelerating.


35 posted on 12/14/2021 7:10:10 AM PST by aquila48 (Do not let them make you "care" ! Guilting you is how they control you. )
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To: BenLurkin

They’re all racists, especially those Hispanics who can’t decide whether to vote for Jiden or Trump. They’re not Hispanic, man.


36 posted on 12/14/2021 8:31:41 AM PST by Eleutheria5 (Buck Foe Jiden!)
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To: tatown

Mean tweet guy gone things go to hell at a high rate of speed never Trumpers hide in closet turn light out.


37 posted on 12/14/2021 8:35:54 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: tatown

9.6 from a year ago? There isn’t anything that hasn’t gone up at least 25% then I can think of. And Biden is just getting started. Thanks for wiping out my savings you child sniffing chomo.


38 posted on 12/14/2021 9:25:34 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: Sacajaweau
Beef prices are out of sight. If they think they can make me a vegan...they’re fooling themselves.

If you think eating vegan is any cheaper, you're kidding yourself.

I've given up on beef. Chicken, pork (when it's cheap) and turkey (I buy whole at cheap prices, cook, and make multiple meals out of them) are all I'll buy at this point. I'm NOT paying upwards of $6.99/lb for ground beef and well over $13/lb for anything else. Just can't do it when I can fill my protein requirements another way.

#BIDENFLATION is real.

39 posted on 12/14/2021 4:41:49 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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