Inflation hits 3 year high in July

JimH52

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Pk the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.

Producer prices rose 0.9% over the prior month in July, well ahead of the 0.9% increase that was forecast. On an annual, prices rose 3.3%, the most since February.

Here we go folks. The trump tariffs are taking off. We will see more increases and we are paying for them
 
Wake me up when eggs hit $10 a dozen like under Biden or $6.50-$7.00 a gallon of gas.
You are a Magat, dead from the neck up as you conveniently forget that trump promises to reduce prices, even as Biden had the inflation rate below 3% after the post pandemic price hikes. Stop watching FOX (not real news) 24/7.
 

Pk the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.

Producer prices rose 0.9% over the prior month in July, well ahead of the 0.9% increase that was forecast. On an annual, prices rose 3.3%, the most since February.

Here we go folks. The trump tariffs are taking off. We will see more increases and we are paying for them
We are coming off inflation of a 40 year high and you're doing this?
 
You are a Magat, dead from the neck up as you conveniently forget that trump promises to reduce prices, even as Biden had the inflation rate below 3% after the post pandemic price hikes. Stop watching FOX (not real news) 24/7.
:21: :21: :21:
Thanks for the laugh. Yes, Biden saved the economy but six months prior to the election, Harris and Biden blamed Trump for the faltering economy. Also if the economy is great under Biden, why did Harris run on fixing the economy and bringing prices down.
 

Veggie-flation strikes, with a warning for grocery prices​

1755243864008.webp
Axios
https://www.axios.com › Axios › Economy
9 hours ago — The U.S. economy has a vegetable problem, and it's not just "broccoli refusal" either — wholesale prices for fresh veggies soared by a by a record amount last month, foreshadowing a possible spike at the grocery store soon.

A 38.9% increase in prices for fresh and dry vegetables from June to July was the major driver of a higher index for "final demand goods" (things that are done and ready to be sold to a consumer, as opposed to things that go into a later production process).

Per Bureau of Labor Statistics data, it's also the largest monthly increase ever recorded in a summer month (June-August), in figures that go back to 1947.
 
trump is using tariffs as a foreign policy tool. That coupled with the loss labor with his immigration policies are going to blow up retail prices.
Millions will dieâ„¢

FAGAt leftists insist on being wrong about everything.
 

Pk the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.

Producer prices rose 0.9% over the prior month in July, well ahead of the 0.9% increase that was forecast. On an annual, prices rose 3.3%, the most since February.

Here we go folks. The trump tariffs are taking off. We will see more increases and we are paying for them
You've lost all credibility.
 
15th post

Pk the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.

Producer prices rose 0.9% over the prior month in July, well ahead of the 0.9% increase that was forecast. On an annual, prices rose 3.3%, the most since February.

Here we go folks. The trump tariffs are taking off. We will see more increases and we are paying for them
That's the consumer price index, not the inflation rate. You people are so stupid...lol
 

Pk the board, giving investors and the Federal Reserve an inflation surprise just over a week out from Fed Chair Jay Powell's crucial Jackson Hole speech.

Producer prices rose 0.9% over the prior month in July, well ahead of the 0.9% increase that was forecast. On an annual, prices rose 3.3%, the most since February.

Here we go folks. The trump tariffs are taking off. We will see more increases and we are paying for them
Its just starting. Now add in exporting companies that will begin layoffs.
 

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