Inflation Alert! US Producer Prices Soar At Record Pace In May (0.8% MoM) Core PPI Rose 0.7% MoM, CPI Purchasing Power Keeps Declining

Sharing is Caring!

by confoundedinterest17

The Producer Price Index Final Demand rose 0.8% MoM in May.


US CPI YoY and PPI Final Demand YoY are tracking nicely.

See also  Inflation Is SURGING, Economy Is Cratering, STOCKS HIT NEW RECORD HIGHS!

Of course, home prices are growing at 13.19% YoY.

Consumer purchasing power continues to decline.

Will this be The Fed’s version of Haydn’s Surprise Symphony?

See also  Inflation fears surge 10%, double 2018 worries; Home Prices Up, Up, Up 16.6%; Wages Pushed Down Nearly 2%; Most Blame Biden

“We swear! Inflation is transitory!!”




Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.