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Inflation: Wholesale Prices Jump 1% , Up 9.7% For the Year

Fed Chairman Jerome Powell

the staff of the Ridgewood blog

Ridgewood NJ, the Producer Price Index (wholesale prices) for final demand increased 1.0 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. This rise followed advances of 0.4 percent in December 2021 and 0.9 percent in November.

On an unadjusted basis, final demand prices moved up 9.7 percent for the 12 months ended January 2022. In January, the index for final demand services rose 0.7 percent, and prices for final demand goods moved up 1.3 percent. Prices for final demand less foods, energy, and trade services increased 0.9 percent in January 2022, the largest increase since rising 1.0 percent in January 2021.

For the 12 months ended January 2022, the index for final demand less foods, energy, and trade services moved up 6.9 percent.

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10 thoughts on “Inflation: Wholesale Prices Jump 1% , Up 9.7% For the Year

  1. So my 2% raise is shit.

  2. Prices are up more like 20% – 25%

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  3. thats what you get when you elect a dementia case (he’s a puppet this is Obama 3rd term)
    All the policies with respect to energy have cause this, as well as printing money which dilutes value
    thank you democrats

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  4. Tks Joe

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  5. 2019 Ridgewood Results
    10,126 Joe Biden
    4,938 Donald Trump

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  6. And don’t believe those numbers, I’m sure there was more numbers for Trump. Do you know how many ballots that weren’t even counted.

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  7. You don’t believe those numbers? They were giving away free hugs in Van Nest Park when Hillary lost.

  8. Ridgewood went in the shitter when all the libtard Dems moved here from Manhattan and Montclair
    Went from Reliably republican to libtard left…
    RIP good old 07450

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  9. That many people voted for president in 2019?

  10. People better wake up

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