Inflation for businesses reached a year-over-year rate of 7.8% in July — the highest level ever recorded.
On Thursday morning, the Bureau of Labor Statistics showed that the Producer Price Index — which tracks changes in input prices for businesses and other domestic producers — increased by 1.0% during the month of July alone.
According to the agency:
More @ The Daily Wire
Jeez. I bet my paycheck doesn't increase 7.8 % next raise time. What a cluster fu/k.
ReplyDeleteThat's a given.
DeleteFrom the press-release:
ReplyDelete* "...excluding energy and food..."
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In other words, 'we are picking specific data to conceal/adulterate the truth, the whole truth, and nothing but the truth'.
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In other words, 'nincompoopery'.
Good point.
Delete