U.S. wholesale prices surge in July - biggest increase in three years

The clearest sign yet tariff inflation is hitting companies: Wholesale prices jumped the most in three years​


The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest increase in July in three years, possibly heralding a sizable acceleration in price hikes tied to U.S. tariffs.

The producer-price index jumped 0.9% last month after no change in June, the government said Thursday. The surge was a big surprise to Wall Street.

“We are starting to see that inflationary pressure is bubbling,” said Jennifer Lee, senior economist at BMO Capital Markets.


Got to be “Biden’s fault”
 
but he is trying to get a peace deal and Dems are calling him Putin lover.
That’s still up in the air, hope he does, but doubtful, just having Putin in the U.S. legitimizes him as an aggressor, Trump is out of his league when it comes to Vladmir
 
That’s still up in the air, hope he does, but doubtful, just having Putin in the U.S. legitimizes him as an aggressor, Trump is out of his league when it comes to Vladmir
you Dems love the Ukraine war and put the flag on your house like idiots.

stop lying.
 
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The clearest sign yet tariff inflation is hitting companies: Wholesale prices jumped the most in three years​


The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest increase in July in three years, possibly heralding a sizable acceleration in price hikes tied to U.S. tariffs.

The producer-price index jumped 0.9% last month after no change in June, the government said Thursday. The surge was a big surprise to Wall Street.

“We are starting to see that inflationary pressure is bubbling,” said Jennifer Lee, senior economist at BMO Capital Markets.


The stock market must be collapsing on this news....................

 
I don't see anything that is going to incentivize corporations to plow billions of dollars and lose months or years of sales in these tariffs, do you? Nope. They'll just keep importing stuff and passing the extra cost along to us while they wait for the #TangerineTyrant to leave office.
:magagrin:
 

The clearest sign yet tariff inflation is hitting companies: Wholesale prices jumped the most in three years

... except that it isn't. Price increases are a sign of a solid economy if the Feds haven't printed an exorbitant amount of money. The amount of money created over June and July is but a mere fraction of July's tariff revenue.

Conclusion: What we are seeing is an awesomely powerful economy roaring into action.
 
I don't see anything that is going to incentivize corporations to plow billions of dollars and lose months or years of sales in these tariffs, do you? Nope. They'll just keep importing stuff and passing the extra cost along to us while they wait for the #TangerineTyrant to leave office.
The world must be a frightening place when you don't understand anything that's going on. You know, there are much better ways to deal with personal confusion than simply deluding oneself into believing everything one's slavemasters order one to believe. One of the top choices is to actually learn the subject matter, although there is work involved, and your cerebral atrophy might medically exclude you from this option.
 
Do you think that answer addresses the jump in inflation in America? That includes wholesale jumps. It is all prices going up.
i know industries where retailers are eating it to keep their market share.


that's fine too.


its fine if companies have to sharpen their pencils once every one hundred years.
 
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