CD Media
Markets

OBiden Producer Inflation Rages, Hits Record

Cut of Burglar Room. Hall’s Safe & Lock Co. Factory circa 1878
Image by Hallsafe

Please Follow us on GabMindsTelegramRumbleGab TVGETTRTruth Social  

The OBiden hits keep coming. Producer inflation raged to a record level in April.

The American people know this, even if the OBiden regime wants to ignore it, or blame Putin.

In April, the rise in the index for final demand is primarily attributable to a 1.3-percent advance in prices for final demand goods, reported Zero Hedge.

It seems financial markets have finally noticed what OBiden is doing, are this morning are continuing the appropriate selloff to American economic policy under this regime.


Continuing Jobless Claims (Apr 29) printed at 1.343M vs 1.38M consensus estimate.

Initial Jobless Claims (May 6) printed at 203k vs 195k estimate.

Initial Jobless Claim 4-week average (May 6) printed at 192.75k.

Producer Price Index (MoM) (Apr) printed at the estimate of 0.5%.

Producer Price Index (YoY) (Apr) printed at 11% vs 10.7% estimate.

Producer Price Index ex Food & Energy (MoM) (Apr) printed at 0.4% vs 0.6% estimate.

Producer Price Index ex Food & Energy (YoY) (Apr) printed at 8.8% vs 8.9% estimate.

‘NO AD’ subscription for CDM!  Sign up here and support real investigative journalism and help save the republic!

Related posts

Turkey, Russia Agree To Trade In Rubles

CD Media Staff

More Evidence Housing In High Growth Mode, Walmart Beats Big, But Says Stimulus Cliff Possible

CD Media Staff

White House Weighs Economic Retaliation Against China As Hassett Warns “All Options Are On The Table”

CD Media Staff

2 comments

Invictus May 15, 2022 at 6:58 am

JOE BIDEN BUILT THAT AND ALL OF IT. Not Putin, Trump, Nosferatu, Flaco or anyone else. JOE BIDEN IS THE DOER AND DOMESTIC TERRORIST.

Reply
Invictus May 15, 2022 at 7:01 am

…and neither are Joe Biden’s blaming ‘BETTER MIND READERS’, ‘ULTRA MAGA’, ‘HOARDING MOTHERS’, ‘REAL SEGREGATIONISTS’ and starving babies responsible for his and democrat party’s deliberate terrorism against the American people.

Reply

Leave a Comment

Subscribe to our evening newsletter to stay informed during these challenging times!!

Clicky