“The inflation from tariffs that economists feared begins to emerge”

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“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “

“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”

“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.

“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”

“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”

“Trump has insisted repeatedly that there is no inflation.”


Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
 
Due to increased economic activity....let's see if it's revised downward as well.

Eggs are under $3 per dozen, btw.
Inflation is still outstripped by wage increases:

  • Average hourly earnings: In the year ending May 2025, average hourly earnings were up approximately 3.9%, according to the Bureau of Labor Statistics. Most of these gains were seen in January and May.
  • Employment Cost Index (ECI): Private industry workers' compensation costs rose 0.9% (3.9% year-over-year) in Q2, with wages and salaries increasing 0.8% and benefits rising 0.8%. This follows a 1.1% increase in Q1 for both categories. The year-over-year increase of 4.0% for wages was lower than the 5.6% peak in Q2 2022.
 
Due to increased economic activity....let's see if it's revised downward as well.

Eggs are under $3 per dozen, btw.
Inflation is still outstripped by wage increases:

  • Average hourly earnings: In the year ending May 2025, average hourly earnings were up approximately 3.9%, according to the Bureau of Labor Statistics. Most of these gains were seen in January and May.
  • Employment Cost Index (ECI): Private industry workers' compensation costs rose 0.9% (3.9% year-over-year) in Q2, with wages and salaries increasing 0.8% and benefits rising 0.8%. This follows a 1.1% increase in Q1 for both categories. The year-over-year increase of 4.0% for wages was lower than the 5.6% peak in Q2 2022.
An economical analysis from Crock of Shit Meister.
 
“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “

“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”

“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.

“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”

“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”

“Trump has insisted repeatedly that there is no inflation.”


Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
CNN is also reporting this:

US inflation rebounded in June to highest level in four months​

 
“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “

“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”

“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.

“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”

“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”

“Trump has insisted repeatedly that there is no inflation.”


Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
And Trump has only put a FEW tariffs on so far, we will have to see what he does AUG first.
If he doesn't flip flop again and does put the rest of what he says he is going to prices of just about everything will go up and we will be looking at a deep recession.
Only time will tell.
 
Due to increased economic activity....let's see if it's revised downward as well.

Eggs are under $3 per dozen, btw.
Inflation is still outstripped by wage increases:

  • Average hourly earnings: In the year ending May 2025, average hourly earnings were up approximately 3.9%, according to the Bureau of Labor Statistics. Most of these gains were seen in January and May.
  • Employment Cost Index (ECI): Private industry workers' compensation costs rose 0.9% (3.9% year-over-year) in Q2, with wages and salaries increasing 0.8% and benefits rising 0.8%. This follows a 1.1% increase in Q1 for both categories. The year-over-year increase of 4.0% for wages was lower than the 5.6% peak in Q2 2022.
Eggs are down and tomatoes/coffee are up, read, over all consumer products, especially big item products, are slowly climbing

Wage earnings were ascending when Trump took office all he did was not fuck it up, yet

And the true effect of Trump’s tariff idiocy hasn’t even really hit yet
 
The U.S. economy experienced a growth rate of 2.8% in the second quarter (April-June), according to the latest GDP report. This represents a significant acceleration compared to the 1.4% growth seen in the first quarter. The increase was driven by robust consumer and business spending, which offset declines in housing construction and a widening trade gap,
 
Eggs are down and tomatoes/coffee are up, read, over all consumer products, especially big item products, are slowly climbing

Wage earnings were ascending when Trump took office all he did was not fuck it up, yet

And the true effect of Trump’s tariff idiocy hasn’t even really hit

please link to tomato prices ACTUALLY GONE UP, not "predictions".

Tomatoes are almost ALL (over 95%) grown domestically. Try again.



Growth and wager BOTH outstrip inflation.
 
“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “

“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”

“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.

“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”

“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”

“Trump has insisted repeatedly that there is no inflation.”


Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
OMG!!! THIS IS IT!!!! :rofl2:

Tell me halfwit, were you this triggered when inflation almost hit double digits during Bidenomics? Of course not. You're a brainless hypocrite.
 
CNN is also reporting this:

US inflation rebounded in June to highest level in four months​

....CNN!!!!....
boy-meets-world-laughing.gif
 
And Trump has only put a FEW tariffs on so far, we will have to see what he does AUG first.
If he doesn't flip flop again and does put the rest of what he says he is going to prices of just about everything will go up and we will be looking at a deep recession.
Only time will tell.
.....only time will tell!!!

boy-meets-world-laughing.gif
 
Eggs are down and tomatoes/coffee are up, read, over all consumer products, especially big item products, are slowly climbing

Wage earnings were ascending when Trump took office all he did was not fuck it up, yet

And the true effect of Trump’s tariff idiocy hasn’t even really hit yet
......BUT TRUMP!!!!! :lolup: Brainless dumb fuck thinks the Biden years were awesome. :laugh:

boy-meets-world-laughing.gif
 
“WASHINGTON (AP) — Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost of a range of goods, including furniture, clothing, and large appliances. “

“The uptick in inflation was driven by a range of higher prices. Grocery prices increased 0.3%. Appliance prices jumped for the third straight month. Toys, clothes, audio equipment, shoes, and sporting goods all got more expensive, and are all heavily imported.”

“You are starting to see scattered bits of the tariff inflation regime filter in,” said Eric Winograd, chief economist at asset management firm AllianceBernstein, who added that the cost of long-lasting goods rose last month, compared with a year ago, for the first time in about three years.

“Some companies have said they have or plan to raise prices as a result of the tariffs, including Walmart, the world’s largest retailer. Automaker Mitsubishi said last month that it was lifting prices by an average of 2.1% in response to the duties, and Nike has said it would implement “surgical” price hikes to offset tariff costs.”

“But many companies have been able to postpone or avoid price increases, after building up their stockpiles of goods this spring to get ahead of the duties.”

“Trump has insisted repeatedly that there is no inflation.”


Seeing they’ll never see it in any of their media, setting the record straight for the Red Hat Club
And that's only with the minimalist tariffs we have now.

I could be wrong, but I think ultimately TACO will keep chickening out on his threats of massive tariffs and a global trade war.
 
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