I thought NJ and 2lying said inflation was getting CRUSHED??
https://www.cnbc.com/2024/03/14/pro...nflation-rose-0point6percent-in-february.html
https://www.cnbc.com/2024/03/14/pro...nflation-rose-0point6percent-in-february.html
- The producer price index, which measures pipeline costs for raw, intermediate and finished goods, jumped 0.6% on the month, double the Dow Jones estimate.
- On a year-over-year basis, the headline index increased 1.6%, the biggest move since September 2023.
- Two-thirds of the rise in headline PPI came from a 1.2% surge in goods prices, the biggest increase since August 2023, thanks to a 4.4% jump in energy.
- Retail sales increased 0.6%, less than expected, while weekly jobless claim filings nudged lower to 209,000.
