Thread: Producer Price Index (PPI)

Shrinkflation is in full swing too.


Scott Harrison
Senatobia, MS

Originally Posted by rangerray

Shrinkflation is in full swing too.


Scott Harrison
Senatobia, MS

Unfortunately that has been happing for years. A normal bag of chips used to be 16oz. and over the years a normal bag of chips is now around 10 something. Of course now you can purchase different size bags; normal, family and party.

What stuck in my craw - when they shrank orange juice cartons from 64oz to 59. Guess that was a while ago. But on the plus side - they sure have found ways to cheaply super-size the sodas... Those go well with the party size bags of chips. From personal experience I speak...

Originally Posted by nasa1974

Unfortunately that has been happing for years. A normal bag of chips used to be 16oz. and over the years a normal bag of chips is now around 10 something. Of course now you can purchase different size bags; normal, family and party.

My orange juice I just bought is now 54 ounces. The carton is even smaller.


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Wholesale prices shoot up near-record 11.3% in June on surge in energy costs

The producer price index rose 11.3% from a year ago in June, near the record 11.6% posted in March.

Excluding food, energy and trade, core PPI was up 6.4%. The monthly gain of 0.3% was below expectations.

Jobless claims jumped to 244,000 last week, the highest level since November 2021.

https://www.cnbc.com/2022/07/14/prod...rgy-costs.html

So, all you need is a 14% to 17% gain on your assets for this year to be a normal year.

Wholesale inflation fell 0.5% in July, in another sign that price increases are slowing

The producer price index, a gauge of final-demand wholesale prices, decreased 0.5% in July due to a slide in energy prices. The year-over-year gain was 9.8%.

The annual increased was the lowest since October 2021 and the monthly move was the first decline since April 2020.

Jobless claims increased to 262,000 last week, just below the estimate.

https://www.cnbc.com/2022/08/11/prod...uly-2022-.html

Wholesale prices fell 0.1% in August amid inflation fears

The producer price index, a gauge of prices received at the wholesale level, declined 0.1%, in line with expectations.

On a year-over-year basis, the index, which is a gauge of wholesale prices, increased 8.7%, the lowest increase since August 2021.

https://www.cnbc.com/2022/09/14/prod...gust-2022.html

Wholesale prices rose 0.4% in September, more than expected as inflation persists

The producer price index increased 0.4% for September, compared with the Dow Jones estimate for a 0.2% gain.

Excluding food, energy and trade services, the index increased 0.4% for the month and 5.6% from a year ago.

https://www.cnbc.com/2022/10/12/prod...mber-2022.html

Wholesale prices rose 0.2% in October, less than expected, as inflation eases

The producer price index rose 0.2% in October, below the 0.4% estimate.

A significant contributor to the slowdown in wholesale inflation was a 0.1% decline in services, the first outright decline in that measure since November 2020.

On a year-over-year basis, PPI rose 8% compared to an 8.4% increase in September.

In other economic news, the Empire State Manufacturing Survey for November registered a reading of 4.5%, much better than the estimate for a -6% reading.

https://www.cnbc.com/2022/11/15/whol...ion-eases.html

This is good for the longer term.

Inflation is cooling: last 4 months: CPI: 2.8%, Core CPI: 5.3%, PPI: 0.06%, Core PPI: 2.5%

The title line are the last 4 months (October over June) AT AN ANNUALIZED RATE.

I know I know, you won't find this in the media anywhere. They are fundamentally incapable of reporting anything besides the one month change and the twelve month change. They are fundamentally incapable of understanding that maybe the first several months of a 12 month period are ancient history. And yes, they are fundamentally incapable of calculating inflation rates from the data.

CPI https://data.bls.gov/timeseries/CUSR0000SA0
Core CPI Bureau of Labor Statistics Data
PPI Bureau of Labor Statistics Data
Core PPI Bureau of Labor Statistics Data

The Core CPI is the CPI less food and energy
The Core PPI is the PPI less food, energy, and trade services
CPI = Consumer Price Index,
PPI = Producer Price Index aka wholesale prices

I think the shock of higher fuel prices is working its way through the system and we will be fine.

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