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Gee…
Germany PPI for March up 30.9%
One month.
Still think it can’t happen here? Germany, that country with the experience of the Weimar Republic still in its memory bank. One month. 30.9%
Wonder what impact that will have on CPI in, say, April, May, June??
Yikes….and now they say they will sanction Oil from Russia ?
Wheel barrel time
and Compliant Public = Deer in Headlights
FYI “one month” is incorrect.
That’s a YoY figure for March. Twelve months cumulative.
Well that’s a relief. Producer prices ONLY UP 31% in 1 year.
Thanks for the correction.
Would not classify the error as only 1/12 as bad.
30% inflation in a year on the producer side would curl some thoughtful peoples’ toes…