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Producer Price Index Jumps 8.6 percent

the staff of the Ridgewood blog

Ridgewood NJ, according to the US Bureau of Labor Statistics , the Producer Price Index for final demand increased 0.5 percent in September, seasonally adjusted. Final demand prices moved up 0.7 percent in August and 1.0 percent in July. (See table A.) On an unadjusted basis, the final demand index rose 8.6 percent for the 12 months ended in September, the largest advance since 12-month data were first calculated in November 2010.

Nearly 80 percent of the September increase in the index for final demand can be traced to a 1.3- percent rise in prices for final demand goods. The index for final demand services moved up 0.2 percent. Prices for final demand less foods, energy, and trade services moved up 0.1 percent in September after increasing 0.3 percent in August. For the 12 months ended in September, the index for final demand less foods, energy, and trade services rose 5.9 percent.

8 thoughts on “Producer Price Index Jumps 8.6 percent

  1. To all my Socialist Woke Liberal Ridgewood neighbors:

    Thanks.

    Thanks for electing this train wreck who is going to take lots of your money and mine and diminish this country, just because you didn’t like the sometimes crude presentation of the last president , who made you more money in the past four years than you made in the prior dozen years.

    Again thanks.

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  2. Never good to be compared to Jimmy Carter.

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  3. So what if the natural gas to heat your home will be doubling this winter ? So what if gasoline is predicted to reach $5.00 per gallon next year ?? So what if your grocery bill is now $50.00 more a week than it was a year ago ?? At least we don’t have to read mean tweets anymore. 🙂

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  4. are you democrats who put the Dementia case in office happy now?
    Hey at least ‘no more mean tweets’

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  5. Can’t wait for Trump to get back in. This liberal president is so lost. And you people that follow him have your head up your ass. What fools you are you should be ashamed of yourself. Stop living in your bubble.

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  6. Definitely rich and stupid. I see them everyday as I drive my kid to Willard. Shallow, superficial, fake, hypocrites. Above all THIN SKINNED. You like Donny then you’re their enemy. Complete brainwash. One of these days I will put on a MAGA hat and have fun with their reactions. It’ll probably ruin their day.

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  7. Ridgewood residents used to be affluent, practical, resilient and friendly.
    Now they are affluent, rigid, condescending, shallow and weak.

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  8. “Projection is a form of defense in which unwanted feelings are displaced onto another person, where they then appear as a threat from the external world. A common form of projection occurs when an individual, threatened by his own angry feelings, accuses another of harbouring hostile thoughts.”

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