04-14-2022, 05:34 PM
https://www.cnbc.com/2022/04/13/producer-price-index-march-2022-.html
This month's PPI came in at over 11 percent year over year while CPI came in at 8.5 percent. This week I heard the term price gauging...and that doesn't reflect the truth. It cost more for wholesalers than it does the consumers. If it was price gauging, the opposite would be happening.
High wages are a factor. I've stopped my occasional McDonald's breakfast because they done 4 price increases in the last year and a half.
This month's PPI came in at over 11 percent year over year while CPI came in at 8.5 percent. This week I heard the term price gauging...and that doesn't reflect the truth. It cost more for wholesalers than it does the consumers. If it was price gauging, the opposite would be happening.
High wages are a factor. I've stopped my occasional McDonald's breakfast because they done 4 price increases in the last year and a half.
![[Image: 4CV0TeR.png]](https://i.imgur.com/4CV0TeR.png)
