Looking back on last year in September and October, it looks like the books were cooked for the democrats headed into the election. PPI May 2025: Producer Price Index News Release summary - 2025 M05 Results Tariff Derangement Syndrome Crushed: Producer Price Inflation Comes In Weaker Than Expected The prices of goods and services charged by U.S. businesses rose by less than expected in May, adding to the evidence that President Trump’s tariffs are not putting upward pressure on inflation. The producer price index for final demand ticked up 0.1 percent last month, half of what economists had forecast. Core producer prices, a metric which excludes food and energy, also rose 0.1 percent, one-third of the 0.3 percent increase forecast by economists. If trade services, a measure of retail and wholesale margins, is also excluded, prices still rose by just 0.1 percent. Compared with a year ago, the producer price index is up 2.6 percent, and the core index is up three percent. The super-core index that excludes trade services is up 2.7 percent.
Who knew that all you needed to get Republicans to support massive new taxes on Americans was to call them a different name and have Donald Trump say they were good? Oh...I guess that should have been obvious...
