please explain the differences between producer prices and consumer prices with respect to the 22%....
Producer prices are what businesses pay for products used or sold in the conduct of business.
Consumer prices are what persons pay to aquire products for final use or consumption.
Thus the retailer and other businesses would pay 22% less for the products they purchase to conduct their business.
that's what i thought - and that much seems obvious... the other poster indicated that there is something insidious about the difference... see above a few posts to read what he said...
can you elaborate on his pov?
that is, 354 and 372