Gave a thundering speech yesterday and today? Commissar Biden is singlehandedly raising everybody's prices.
Is there nothing that our Great and Fearless Leader can not do? From Breitbart:
Producer Prices Soar a Record 8.3% as Bidenflation Runs Hotter Than Expected
Prices charged by U.S. businesses jumped higher than expected in August, data from the Department of Labor said Friday.
The Bureau of Labor Statistics’ Producer Price Index rose 0.7 percent compared with July. Compared with a year ago, the index is up 8.3 percent, the fastest pace of price increases in data going back to 2010.
Economists had forecast PPI to rise by 0.6 percent on a monthly basis, down from the one percent rise reported for July and June. On an annual basis, prices were expected to be up 8.3 percent.
Prices for “final demand” services—those used for personal consumption or exports—rose 0.7 percent. The index for final demand goods moved up 1.0 percent.
And of course, take these numbers and multiply them by three for something approximating the real numbers.
Expecting nothing less from this regime.
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