BREAKING: U.S. Producer Price Inflation Jumps 9.6% Year Over Year in November – Highest Increase on Record
Another Biden record – Inflation based on the producer price index reaches the highest increase ever recorded.
This morning the producer price index results were reported and they literally could not be worse.
JUST IN – U.S. producer price inflation jumps 9.6% year over year in November, much higher than expected and highest increase on record.
— Disclose.tv (@disclosetv) December 14, 2021
The US Bureau of Labor Statistics reported this morning:
The Producer Price Index for final demand increased 0.8 percent in November, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices moved up 0.6 percent in each of the 3 prior months. (See table A.) On an unadjusted basis,