Producer Price Index Records Highest Inflation Rate in History Since Tracking Began
The “producer price index” is essentially the tracking of wholesale prices at three stages: Origination (commodity), Intermediate and Final. The Bureau of Labor and Statistics (BLS) released stunning price data [Available Here] showing a dramatic 7.8% price increase in Final Demand products at the wholesale level. When you see the wholesale level of prices almost … Continue reading Producer Price Index Records Highest Inflation Rate in History Since Tracking Began
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