Or it's caused by Gouging and Price-Fixing by Big Meat.Īt least that's what Jen Psaki is claiming. If that graph looks alarming to you, don't worry: It's fake. rose 9.6 from a year ago in November, their highest annual pace in records going back nearly 11 years, the Labor Department said Tuesday. Prices charged by businesses for goods and services purchased in the U.S. It's more expensive for producers to produce, which means it's more expensive for consumers to consume. The Producer Price Index measures the prices for goods bought and sold by, well, producers, rather than consumers. ![]() The unexpected surge in the Producer Price Index is a real "unexpectedly" because this exceeded analyst expectations. Jen Psaki Blames the High Cost of Meat on "The Greed of Meat Conglomerates" Unexpectedly, Producer Price Index Rises by Nearly 10%, the Fastest Rate in 11 Years
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