02-19-2022, 02:40 PM
(02-19-2022, 01:16 PM)GMDino Wrote: Do they include profit in the CPI?
All seriousness aside most companies are certainly not hurting.
To be fair, there are two indexes tracked.
The PPI is the Producer Price Index which is the companies cost to make goods.
The CPI is the Consumer Price Index which is what consumers pay for the goods.
The PPI was up 9.7 percent last year.
The CPI was up 7.5 percent last year.
So in reality consumer prices were up less than the cost of producing. Companies make money..yea. But their 'inflation' was worse than the consumers, and the cost of it was passed on less.