“Since August, there certainly doesn’t seem to be much deflationary threat here. The 12-month change in PPI for finished goods is 3.5% as of November. So what’s driving the increase in prices? Food and energy make up a significant influence. Food prices rose by 1.0%, and energy prices were up 2.1%. You have probably noticed the latter driving an increase in prices at the pump.” Read more.
“Producer Prices Rise Most in 8 Months”
The Atlantic, December 14, 2010.
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