November Wholesale Prices Increased at Fastest Pace on Record

  • by:
  • 03/02/2023

Wholesale prices in November increased at their fastest pace on record, the Labor Department reported on Tuesday. 

The producer price index, for what the federal government calls “final demand,” rose 0.8 percent in November and increased a whopping 9.6 percent over the last year, Just the News reports

Economists predicted an annual increase of 9.2 percent. 

Excluding food, energy and trade services, product or wholesale prices increased 0.7 percent last month, putting the core PPI at 6.9 percent, still the largest gain on record

Image: by is licensed under
ADVERTISEMENT

Opinion

View All

DOOMCOCK: 'Gamergate 2' is an attempt to stop the woke assassination of our childhood heroes

It’s open season on straight white males in Hollywood, in Silicon Valley, in literature and comics, i...

MONICA CROWLEY: Ronna McDaniel's firing shows the media are tyrannical lunatics

The sanctimonious performative outrage by prominent anchors Chuck Todd, Joy Reid, Rachel Maddow, Chri...

'White supremacy' trigger warnings slapped on Peter Pan and Alice in Wonderland by UK university

York St John University warned readers that the historical children's stories are likely to contain "...

'Girls' soccer team with FIVE trans players destroys team of actual girls 10-0 in Australia

Flying Batts FC won the pre-season Beryl Ackroyd Cup in Sydney, during which they won every game they...