The Inflation Hits Just Keep On Coming
The inflation hits just keep on coming. Today’s release of the PPI (final demand finished goods) for January posted at +12.54% on a Y/Y basis—just a tad below the +12.93% Y/Y reading recorded way back in, well, October 1980! That’s right. We have now lapsed backwards by 42 years into the inflationary nightmare that brought […]