CD Media

Producer Price Inflation Explodes To Record High

Image by Gay Hoover

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Producer prices skyrocketed in November to a record high. This is Bidenomics, or should we say, what you get when a Manchurian candidate, working for Beijing, is in The White House, destroying the American economy.

The PPI year over year number showed almost a 10% increase…simply amazing.

We at CDMedia believe this is planned, to destroy our currency, our economy, the middle class, in favor of elite control.

You’d have to go back to the early 1970s to find numbers this bad.

NFIB Business Optimism Index (Nov) printed at 98.4.

Producer Price Index (MoM) (Nov) printed at 0.8% vs 0.5% consensus estimate.

Producer Price Index (YoY) (Nov) printed at 9.6% vs 9.2% estimate.

Producer Price Index ex Food & Energy (MoM) (Nov) printed at 0.7% vs 0.4% estimate.

Producer Price Index ex Food & Energy (YoY) (Nov) printed at 7.7% vs 7.2% estimate.

Redbook Index (YoY) (Dec 10) printed at 16%.

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