Originally posted by: Mark
They were expecting a modest .2 increase in the PPI. Instead it shot up by almost a full point at .9.
https://www.thedailybeast.com/inflation-indicator-delivers-nasty-blow-to-trumps-economy/
Wholesale Inflation is up 3.3 from a year ago. Looks like Trump is going to have to fire someone else as everybody knows prices are falling just like Trump promised. 😂
I think Trump forgot to cheat on this one like he did on the CPI where they aren't updating prices on some of the items in the basket of goods.
Mark, what was the average annual inflation rate under Biden? I recall Liberals telling us that Biden's throw gas on the fire policies wouldn't lead to increased inflation...because it was called the inflation reduction act. What a bunch of bull shit that was. I'll expect no answer to my question.