14 Jul 2023 7:17 am
Dollar store products are up 25% and they have new products that cost 50% to 100% more however products at other stores have dabbled and tripled. People are saying that social security cost of living may only increase by 3% because of said claimed low inflation. A 3% cost of living increase may possibly happen and that's the way you and the democrats have been negotiating contracts for the people. Democrats said that $600.00 was more than enough after shutting down thousands of small business, Trump republicans negotiated for $2000.00.Bruce » 13 Jul 2023, 1:09 pm » wrote: ↑ The producer price index for June had a smaller-than-expected increase, the Labor Department reported Thursday, in the latest sign that inflation is calming in the United States.
The PPI for final demand rose 0.1%. Economists surveyed by Dow Jones were expecting an increase of 0.2%. The PPI climbed 0.1% when excluding food, energy and trade services, which was in line with expectations.
The producer report comes a day after the consumer price index for June showed a smaller-than-expected increase. The CPI rose just 3% year over year, its lowest level since March 2021, bolstering hopes for investors that the Federal Reserve is near the end of its rate-hiking cycle.
The wholesale producer numbers have declined faster than the consumer inflation data. In May, the headline PPI number actually fell 0.4%, and was unchanged when excluding food, energy and trade services.
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If month by month inflation keeps falling, Uncle Joe can invite Hunter to blow coke in the White House and nobody will care.
MAGA only exists in the swamp of despair.
Unless there’s a recession Trump (or any other Republican) is going to loose in November 2024, and there isn’t anything they can do to stop it.
People are selfish. They vote their pocketbooks.
Wonderful representation for favored corporation groups, little or no representation for the individual citizen, just take your hokey experimental medical treatments and limp down the open road as you promote WWIII.