Wholesale prices up 10.8% this month

InflationMoney Matters
Written By Jennifer Joslyn

💸 Wholesale prices used to be a “good deal”, until now.

Over the past year, wholesale prices have risen 10.8%, leading retailers to raise prices to the consumer to make up for the losses. The Bureau of Labor Statistics shared the numbers this week, indicating the heightened prices were matching the Dow Jones estimates and doubling the growing pace set previously in April. The Federal Reserve is probably pacing nervously right about now.

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Jennifer Joslyn
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