I wonder where they shop? Fruits/veggies where I shop went up greatly in December.
I wonder where they shop? Fruits/veggies where I shop went up greatly in December.
Dr_Dubious wrote:Must be a national average. Of course this time of year many fruits and vegetables are imported.I wonder where they shop? Fruits/veggies where I shop went up greatly in December.
Is that a strawberry you're sporting as an avatar? Imported or domestic?
I was hoping that was a ladybug. At McDonalds (the last time I took my nephews around Christmas) tomatoes had to be requested due to the cost. I guess I never really thought about it until I saw they reported veggies went up .2 in December. It just kind ofclicked. I remember a couple saying "Even the green ones (peppers) have nearly doubled now". I will start to watch closer now.
Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record
https://www.cnbc.com/2021/06/15/reta...-may-2021.htmlProducer prices as of May rose 6.6% over the past 12 months, the fastest increase on record.
At the same time, retail sales declined 1.3%, worse than the 0.6% estimate.
Month over month, the producer price index increased 0.8%, also faster than the 0.5% estimate.
Tom
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Wholesale prices jump 1% in July, matching June increase
https://www.cnbc.com/2021/08/12/whol...-increase.htmlInflation at the wholesale level jumped a higher-than-expected 1% in July, dimming hopes for a slowdown in price increases.
The July gain in the producer price index, which measures price pressures before they reach consumers, matched the June increase with both months advancing by the highest amount since a 1.2% rise in January, the Labor Department reported Thursday.
Tom
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Wholesale prices rise 8.6% year over year in October, tied for highest ever
https://www.cnbc.com/2021/11/09/whol...hest-ever.htmlKEY POINTS
The Labor Department’s producer price index, which measures wholesale prices, rose 0.6% in October, translating into an 8.6% increase year over year.
Surging prices for gasoline and autos helped push the increase which was tilted far more to goods than services.
The reading is one of two important inflation measures coming this week, with the consumer price index on tap for Wednesday.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Wholesale prices measure rises 9.6% in November from a year ago, the fastest pace on record
https://www.cnbc.com/2021/12/14/whol...on-record.htmlKEY POINTS
Wholesale prices rose 9.6% from a year ago, the highest level going back to November 2010.
The pace was even faster than the 9.2% estimate.
The core producer price index increased at a 6.9% pace, a bit slower than estimates but still the fastest ever in records dating to August 2014.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Wholesale prices up 0.2% in December, less than expected but still a new full-year record
https://www.cnbc.com/2022/01/13/whol...th-record.htmlThe producer price index, a measure of wholesale prices for goods and services, increased 0.2% in December, below the 0.4% estimate.
For all of 2021, the 9.7% gain was the biggest on record in data going back to 2010.
Weekly jobless claims totaled 230,000, well above the estimate, though the four-week average of filings hit its lowest since 1973.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Wholesale prices rise 1% in January, up near-record 9.7% over the past year
https://www.cnbc.com/2022/02/15/prod...ary-2022-.htmlThe producer price index, which measures wholesale prices, rose 1% in January and 9.7% for the 12-month period, the latter just off the record high.
Core PPI rose 0.9%. Both increases were at least double the Wall Street estimate.
Manufacturing in the New York region increased modestly in February but was below expectations. The prices received index soared to a record high.
08:30 ET: PPI
For: Jan| Actual: 1.0% | B.com Forecast: 0.5% | B.com Cons: 0.5% | Prior: 0.4% | Revised From: 0.2%
https://www.briefing.com/calendars/e...leName=ppi.htm
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Producer prices rose 11.2% from a year ago in March, the biggest gain on record
https://www.cnbc.com/2022/04/13/prod...rch-2022-.htmlThe producer price index, which measures prices paid by wholesalers, rose 1.4% in March and 11.2% from a year ago, both records for data going back to 2010.
Prices for final demand goods led with a 2.3% monthly rise, while services prices gained 0.9%.
Wednesday’s release comes the day after the BLS reported that the consumer price index for March surged 8.5% over the past year.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
Producer Price Gains Edged Downward in April but Remain Elevated
Key reading of producer-level inflation rose at an 11% annual rate, the fifth straight month of double-digit increases
https://www.wsj.com/articles/produce...hare_permalinkProducer prices rose 11% on a 12-month basis in April, its fifth consecutive double-digit gain, easing from an upwardly revised 11.5% increase the prior month. The March gain was the highest since records began in 2010.
Tom
Market Commentary | My Blog | TSP Talk Plus | |
I am not a Registered Investment Advisor and this is not investment advice. Please do your own due diligence.
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