CNBC/Jeff Cox/3-15-2022
Source: tradingeconomics.com
“Another surge in energy prices pushed wholesale goods prices to their biggest one-month jump in record in February, according to Labor Department data released Tuesday. Final demand prices for goods jumped 2.4% for the month, the largest move ever in data going back to December 2009, the Bureau of Labor Statistics said.”
USAGOLD note: Double-digit inflation is here (not that it will come as a surprise to anyone who buys food or gasoline).