Posted on 10/12/2022 7:09:38 AM PDT by ConservativeInPA
Wholesale prices rose more than expected in September despite Federal Reserve efforts to control inflation, according to a report Wednesday from the Bureau of Labor Statistics.
The producer price index, a measure of prices that U.S. businesses get for the goods and services they produce, increased 0.4% for the month, compared to the Dow Jones estimate for a 0.2% gain. On a 12-month basis, PPI rose 8.5%, which was a slight deceleration from the 8.7% in August.
(Excerpt) Read more at msn.com ...
Thanks Joe.
From a “slightly” President...
They are talking about this on Steve Bannon’s War Room this morning, additionally they announced Intel is about to announce major layoffs, the other foot of a collapsing economy combined with inflation is showing up.
Unexpected
Thanks Joe.
All Putin’s fault.
Joe was heard to respond, “So what, most people don’t buy wholesale...just Jews in NYC, whose friends don’t let them buy retail.”
Hey, it’s up, but ‘just an inch’.
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If it’s up for 4 hours or more...seek the truth immediately.
what a joke that was.......
“More than expected”
Well, it’s a nice variation of the usual “unexpected”.
Not to worry. As soon as that Inflation Reduction Act kicks in ...
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