Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

Joe Biden’s America: Wholesale Prices Rise in September – “Hotter Than Expected” (VIDEO)

by October 12, 2022
October 12, 2022
Joe Biden’s America: Wholesale Prices Rise in September – “Hotter Than Expected” (VIDEO)

Joe Biden’s America.

Wholesale prices rose ‘more than expected’ in September as inflation stays hot, hot, hot.

The producer price index (PPI) increased 0.4% in September – double what was estimated.

“Excluding food, energy and trade services, the index rose 0.4% for the month and 5.6% from a year ago.” CNBC reported.

CNBC reported:

Wholesale prices rose more than expected in September despite Federal Reserve efforts to control inflation, according to a report Wednesday from the Bureau of Labor Statistics.

The producer price index, a measure of prices that U.S. businesses get for the goods and services they produce, increased 0.4% for the month, compared with the Dow Jones estimate for a 0.2% gain. On a 12-month basis, PPI rose 8.5%, which was a slight deceleration from the 8.7% in August.

Excluding food, energy and trade services, the index increased 0.4% for the month and 5.6% from a year ago, the latter matching the August increase.

Food prices helped boost the increase in goods inflation, with a 1.2% monthly increase. Energy rose 0.7% after posting massive gains the previous two months.

CNBC’s Rick Santelli broke down the latest numbers on ‘Squawk Box’ on Wednesday.

Producer prices are “hotter than expected,” Santelli said.

VIDEO:

The Federal Reserve last month raised interest rates by another 75 basis points – or 0.75% to ‘fight’ Bidenflation.

The fed funds rate is now in the range of 3% to 3.25% – the highest since 2008.

30-year fixed rate mortgages are near 7%!

The recession is real. Depression is increasingly likely.

The post Joe Biden’s America: Wholesale Prices Rise in September – “Hotter Than Expected” (VIDEO) appeared first on The Gateway Pundit.

0
FacebookTwitterGoogle +Pinterest
previous post
CNN’s Dr. Sanjay Gupta on Fetterman’s Disastrous NBC Interview: “He Sounded Like He Was Fairly Fluent in His Speech, Able to Speak Clearly” (VIDEO)
next post
Up, Up & Away!

You may also like

Michigan House Speaker Sneers at Election Integrity Legislators,...

November 22, 2022

Trump’s ‘Art of the Deal’ diplomacy just delivered...

May 11, 2025

JD Vance calls Trump’s offer to debate Harris...

August 3, 2024

“Please, I Have 7 Babies in the House,...

October 8, 2022

Kansas Gov. Kelly to begin 2nd term, Trump-allied...

January 9, 2023

Trump admin breaking modern presidential staffing records, hiring...

March 31, 2025

JONATHAN TURLEY: House ‘delegate’ shows her confusion over...

January 5, 2025

“They Won’t Let Me Come Down” – Joe...

November 10, 2022

Don Lemon Tries to Rewrite the “Hands Up,...

November 25, 2022

Top Biden ally ‘disappointed’ by president’s veto on...

December 24, 2024

Michigan House Speaker Sneers at Election Integrity Legislators,...

November 22, 2022

Trump’s ‘Art of the Deal’ diplomacy just delivered...

May 11, 2025

JD Vance calls Trump’s offer to debate Harris...

August 3, 2024

“Please, I Have 7 Babies in the House,...

October 8, 2022

Kansas Gov. Kelly to begin 2nd term, Trump-allied...

January 9, 2023

Trump admin breaking modern presidential staffing records, hiring...

March 31, 2025

JONATHAN TURLEY: House ‘delegate’ shows her confusion over...

January 5, 2025

“They Won’t Let Me Come Down” – Joe...

November 10, 2022

Don Lemon Tries to Rewrite the “Hands Up,...

November 25, 2022

Top Biden ally ‘disappointed’ by president’s veto on...

December 24, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Tesla sees UK sales rebound in June as EV market accelerates

      July 5, 2025
    • Hived raises $42m to roll out electric delivery fleet across southern England

      July 5, 2025
    • Week Ahead: NIFTY Set To Stay In A Defined Range Unless These Levels Are Taken Out; Drags Support Higher

      July 5, 2025
    • “A turning point for education”: James Caan launches bold education reform plan in House of Lords

      July 5, 2025
    • ‘Invest in Women’ fund criticised for slow rollout as MPs call for bolder action

      July 5, 2025
    • Iran regime escalates repression toward ‘North Korea-style model of isolation and control’

      July 4, 2025

    Categories

    • Business (8,397)
    • Investing (2,102)
    • Politics (15,945)
    • Stocks (3,190)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved