U.S. wholesale prices surge in July - biggest increase in three years

C

Cypress

Well-known member

The clearest sign yet tariff inflation is hitting companies: Wholesale prices jumped the most in three years​


The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest increase in July in three years, possibly heralding a sizable acceleration in price hikes tied to U.S. tariffs.

The producer-price index jumped 0.9% last month after no change in June, the government said Thursday. The surge was a big surprise to Wall Street.

“We are starting to see that inflationary pressure is bubbling,” said Jennifer Lee, senior economist at BMO Capital Markets.


www.marketwatch.com

Biggest wholesale-prices jump in three years as Trump tariffs cost Americans

The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest increase in three years, possibly heralding a sizable acceleration in price increases tied to higher U.S. tariffs.
www.marketwatch.com www.marketwatch.com
 
Cypress said:
This surge in wholesale prices means companies have been eating the cost of tariffs for now, but that is unlikely to last.
Click to expand...
They are only able to eat so much and when it starts hurting their bottom line they have to start passing some of those increases on to the consumer.
And just think NOT all of Trump's tariffs have worked through the supply chain and when they do we will be paying a lot more for just about everything we buy.
 
BartenderElite said:
I keep hearing MAGA's talk about the booming economy and how amazing things are.

I'd guess they just live on a different planet. Trump is incompetent. Easily the most successful grifter in world history.
Click to expand...

They do. Anyone complaining that prices are higher is a "poor shopper," and should learn to find sales and STFU. This is, of course, a 180 degree shift from when *they* were wailing about the price of eggs and blaming Biden. *eyeroll*
 
Tbird19482 said:
They are only able to eat so much and when it starts hurting their bottom line they have to start passing some of those increases on to the consumer.
And just think NOT all of Trump's tariffs have worked through the supply chain and when they do we will be paying a lot more for just about everything we buy.
Click to expand...

I don't see anything that is going to incentivize corporations to plow billions of dollars and lose months or years of sales in these tariffs, do you? Nope. They'll just keep importing stuff and passing the extra cost along to us while they wait for the #TangerineTyrant to leave office.
 
Cypress said:

The clearest sign yet tariff inflation is hitting companies: Wholesale prices jumped the most in three years​


The cost of wholesale goods and services — where rising inflation tends to show up first — posted the biggest increase in July in three years, possibly heralding a sizable acceleration in price hikes tied to U.S. tariffs.

The producer-price index jumped 0.9% last month after no change in June, the government said Thursday. The surge was a big surprise to Wall Street.

“We are starting to see that inflationary pressure is bubbling,” said Jennifer Lee, senior economist at BMO Capital Markets.


www.marketwatch.com

Biggest wholesale-prices jump in three years as Trump tariffs cost Americans

The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest increase in three years, possibly heralding a sizable acceleration in price increases tied to higher U.S. tariffs.
www.marketwatch.com www.marketwatch.com
Click to expand...
buy american.
 
  • Like
Reactions: TOP
ThatOwlWoman said:
I don't see anything that is going to incentivize corporations to plow billions of dollars and lose months or years of sales in these tariffs, do you? Nope. They'll just keep importing stuff and passing the extra cost along to us while they wait for the #TangerineTyrant to leave office.
Click to expand...
And when and IF they do build new plants and infrastructure they will spend the extra money and put in as much automation and AI as they can and not hire very many people.
 
ThatOwlWoman said:
I don't see anything that is going to incentivize corporations to plow billions of dollars and lose months or years of sales in these tariffs, do you? Nope. They'll just keep importing stuff and passing the extra cost along to us while they wait for the #TangerineTyrant to leave office.
Click to expand...
the longer they wait they know domestic alternatives will take their market share.

you're just fucking dumb and also programmed by people who are also dumb.

it's a double whammy of fail.

have fun circling the drain.
 
TOP said:
The sky is still not falling...;)
Click to expand...
And ASSHOLES like you stay under your rock and can't see that the price of just about everything we buy are still going up, even going out and " finding bargains " the price of them are going up too.
And you MAGAS keep crying " Buy American " well a lot of the things that are " American made " contain parts that have to be imported and the price of them are going up too.
So people will be spending more for the things they need EVEN IF they shop and only buy bargains.
Then add an extra percent or two to the price because the transporters, wholesalers and retailers are padding their bottom line and blaming it all on the tariffs.
Trump and his tariffs are driving the cost of bargains and everything else up.
 
Tbird19482 said:
And ASSHOLES like you stay under your rock and can't see that the price of just about everything we buy are still going up, even going out and " finding bargains " the price of them are going up too.
And you MAGAS keep crying " Buy American " well a lot of the things that are " American made " contain parts that have to be imported and the price of them are going up too.
So people will be spending more for the things they need EVEN IF they shop and only buy bargains.
Then add an extra percent or two to the price because the transporters, wholesalers and retailers are padding their bottom line and blaming it all on the tariffs.
Trump and his tariffs are driving the cost of bargains and everything else up.
Click to expand...
Let me repeat...the sky is still not falling...I'm happy to continue to share shopping tips with you...let me know if you're looking for something in particular...you should have plenty of coffee by now...;)
Have a great day ...;)
 
TOP said:
Let me repeat...the sky is still not falling...I'm happy to continue to share shopping tips with you...let me know if you're looking for something in particular...you should have plenty of coffee by now...;)
Have a great day ...;)
Click to expand...
YES I do and even looking for bargain prices on it it has gone UP from $7.99 a can to $17.99 a can in the last 6 months since Trump took office again.
 
Tbird19482 said:
And ASSHOLES like you stay under your rock and can't see that the price of just about everything we buy are still going up, even going out and " finding bargains " the price of them are going up too.
And you MAGAS keep crying " Buy American " well a lot of the things that are " American made " contain parts that have to be imported and the price of them are going up too.
So people will be spending more for the things they need EVEN IF they shop and only buy bargains.
Then add an extra percent or two to the price because the transporters, wholesalers and retailers are padding their bottom line and blaming it all on the tariffs.
Trump and his tariffs are driving the cost of bargains and everything else up.
Click to expand...
eliminate personal income tax.

shouldn't Dems like that?


the truth is you're the worst corporate cock blowers on earth. or best depending on framing.
 
Careful reading only shows one group "crying"...
Tbird19482 said:
YES I do and even looking for bargain prices on it it has gone UP from $7.99 a can to $17.99 a can in the last 6 months since Trump took office again.
Click to expand...
So don't buy it at that price...there are sales...take advantage of them...
Or just continue to complain, and pay the higher prices that are out there...that's your choice...
 
You must log in or register to reply here.
Back
Top