Thanks Brandon! US Producer Price Inflation Jumps 9.6%–Highest Increase On Record, Much Higher Than Expected

Joe Biden’s economy continues to be even worse than the “experts” predict.

US producer price inflation jumped 9.6% in November.

This is the highest increase on record.

*The producer price inflation is the average movement in selling prices from domestic production over time. It is a measure of inflation based on input costs to producers.*

From Seeking Alpha:

November Producer Price Index: +0.8% vs. +0.5% consensus and +0.6% prior.
+9.6% Y/Y vs. +9.2% consensus and +8.6% prior. That’s the largest increase since 12-month data were first calculated in November 2010.

Reminder:

Inflation Jumps 6.8%–Biggest Increase In 39 Years

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