Hard To Kill! PPI Final Demand Rose 2.2% YoY In September (4th Consecutive Month Of Growing Producer Prices And Trend Is Increasing!)

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Like the Steven Seagall flick “Hard To Kill,” inflation caused by rampant Federal spending is hard to kill.

For the fourth straight month, the producer price index final demand has been increasing. It was 2.2% year-over-year. And INCREASING!!!!

Here are the YoY changes in PPI Final Demand for 2023. After near zero growth in June, PPI Final Demand YoY has been steadily increasing … again.

2023-01-01 5.7
2023-02-01 4.8
2023-03-01 2.7
2023-04-01 2.3
2023-05-01 1.2
2023-06-01 0.3
2023-07-01 1.2
2023-08-01 1.9
2023-09-01 2.2

Yes, it is hard to get the proverbial horse back in the barn once inflation has been unleashed by Federal spending.

Published by confoundedinterest17

Published