'An early warning shot.' Wholesale prices surge as companies eat tariff costs, for now
MSNBCยท2025-08-15 04:02
It is time for a little money power politics. The Labor Department published new numbers on US wholesale prices today and spoiler they are much higher than expected. The PPI surged nearly 1% last month.That is the biggest monthly jump in over 3 years. Now if you are not familiar with this measure, what it is, what it means, why do we care. Well, PPI stands for producer price index.That means the wholesale price of goods. we care because it provides unique insight into the real inflation picture that's comin ...