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Economy

“Wholesale prices jump nearly 10% in 2021, another sign of growing inflation”

“…

  • The producer price index, a measure of wholesale prices for goods and services, increased 0.2% in December, below the 0.4% estimate.
  • For all of 2021, the 9.7% gain was the biggest on record in data going back to 2010.
  • Weekly jobless claims totaled 230,000, well above the estimate, though the four-week average of filings hit its lowest since 1973.

…”

https://www.cnbc.com/2022/01/13/wholesale-prices-up-0point2percent-in-december-less-than-expected-but-still-a-new-12-month-record.html

Help lower prices by becoming a producer. Create a product and sell it. Don’t ship it from overseas and cut out the middle men. Make a profit and help the economy in the long run.

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