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Soaring inflation rate under the Biden administration
#2
(09-10-2021, 10:36 AM)Hoot Gibson Wrote: If approved, the Biden administration's irresponsible proposed $3.5 billion "Infrastructure" bill would just add fuel to the inflation fire. An inflation rate that continues to rise will probably doom Democrats' spending plans and rightfully so.

Quote:Producer inflation accelerated in August, as wholesale prices rose record 8.3% from a year ago

Key Points
  • The producer price index increased 0.7% in August from a month ago, above the 0.6% Dow Jones estimate.
  • Final demand prices rose 8.3% from a year ago, the biggest increase on record going back to 2010.
  • The move showed that inflationary pressures are likely to persist.
"Employees have no right to engage in political protest while on the company clock. None."
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RE: Soaring inflation rate under the Biden administration - by vector#1 - 09-10-2021, 10:41 AM

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