US Wholesale Price-Spike Worst in the Data, Even Services. But Further up the Producer Price Pipeline, Inflation Rages at 28% by Wolf Richter • Dec 14, 2021 • 185 Comments Raging price pressures in the pipeline are heading for consumers.
Wholesale Price Inflation in Germany Totally Blows Out, Highest in the Data Going Back to 1962 by Wolf Richter • Dec 13, 2021 • 161 Comments The ECB is still recklessly delusional.
WOOSH, Shock-and-Awe Loss of Dollar Purchasing Power Hits Americans. Worst Inflation in 40 Years. Getting it Under Control Will Be a Bitch by Wolf Richter • Dec 10, 2021 • 508 Comments Inflation for Urban Wage Earners & Clerical Workers (CPI-W) = 7.6%. Fed is still pouring fuel on the raging fire. Most reckless Fed ever.
Central Banks in Latin America’s Largest Economies Grapple with Raging Inflation: Brazil with Shock & Awe, Mexico Eyeing the Fed by Wolf Richter • Dec 9, 2021 • 182 Comments In the US, raging inflation is not far behind. But the Fed is still recklessly pouring fuel on it.
Biggest Mess I’ve Ever Seen: Used-Vehicle Wholesale Prices Spike to Ridiculousness. Just Wait till they Hit CPI Again by Wolf Richter • Dec 7, 2021 • 206 Comments Supply suddenly jumps, Thanksgiving weekend gets credited.
Social Security COLA Calculations May Get Changed to CPI-E as Part of the Reform Bill. What Does it Mean for Retirees? by Wolf Richter • Dec 6, 2021 • 164 Comments Watch out for the costs of housing, medical care, and gasoline.
Crushed Auto Sales, No Problem: Nov. was Most Profitable Month Ever for New Vehicle Sales as Americans Paid Whatever by Wolf Richter • Dec 2, 2021 • 166 Comments Thousands of dollars over sticker? I just don’t get this. Something big has changed in the brains of enough (but certainly not all) Americans.
When Will Consumers Balk at Surging Prices? by Wolf Richter • Dec 1, 2021 • 235 Comments That’s the big question. Looking for signs of widespread push-back but not finding much. Consumers pay whatever.
Each Worker’s Slice of After-Inflation-Income Pie Is Shrinking. But No Problem, They Spend Heroically by Wolf Richter • Nov 25, 2021 • 114 Comments A look at per-worker personal income, what’s left of it after inflation.
Fed’s Lowest Lowball Inflation Measure Spikes to Worst-Hottest 31-Year High. Powell Groans and Mutters by Wolf Richter • Nov 24, 2021 • 273 Comments But the Fed has now backed off its ridiculous claims and is taking inflation more seriously.
