U.S. Producer Prices Post the Biggest Annual Gain Since 2010, Fanning Inflation

Bloomberg2021-12-14

Prices paid to U.S. producers posted a record annual increase of almost 10% in November, a surge that will sustain a pipeline of inflationary pressures well into 2022. The producer price index for ...

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Comments

robot1234
2021-12-15
robot1234
FED is basically playing with fire to support her political master. US inflation for Nov was 6.8%, highest since 1982. But Biden is still on a mission to print tens of trillions USD
BKT
2021-12-14
BKT
Alright
- JackTL:
  lets see
PehKY
2021-12-14
PehKY
Ok
Jennifer58
2021-12-14
Jennifer58
Oh no
- TJW1991ReplySRT:
  lol
- Jennifer58:
  To the moon
- SRT:
  Expected
Rache13
2021-12-14
Rache13
Ok
- hpt:
  Ok
- JiaJun87:
  [What]
Spaclover
2021-12-14
Spaclover
T
- Spaclover:
  T

Leave a comment

158

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Many businesses have successfully passed those added costs on to customers through higher prices, and the latest report suggests additional consumer price increases in the coming months.\nConsumer Inflation\nData out last week showed the consumer price index rose 6.8% last month from a year ago, the fastest annual pace in nearly 40 years. While first concentrated in a handful of categories associated with the economy’s reopening, inflation has broadened out.\nThe larger-than-expected, sustained increase in inflation has put pressure on policy makers to act. 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US inflation for Nov&nbsp;was&nbsp;6.8%, highest since 1982. But Biden is still on a mission to print tens of trillions&nbsp;USD","text":"FED is basically playing with fire to support her political master. US inflation for Nov was 6.8%, highest since 1982. But Biden is still on a mission to print tens of trillions 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