inflation the most since 2008

MrTop

EOG Master
Prices for all kinds of products, from lumber to diapers, have been climbing this year. The headline measure of consumer prices rose 4.2% in the 12 months through April, the most since 2008. The numbers for May are due to be published on Thursday.


gas is up too..



"But thank God there were no offensive tweets this week." lol
 

TobyTyler

EOG Dedicated
It's a disaster

Walmart has major suppliers not shipping, more empty shelves to come. Not just supply chain issues with the freight forwarders (which is a major problem, covid has shut a major port this week in Yantian) but suppliers will not air goods in, their costs are skyrocketing, Walmart doesn't want to give increases, so some suppliers are not paying premium rates required to get goods on the water in timely matter.
A container from Ningbo was $4k range a year or so ago ($3k to LA) , now they start at $9k.
 

boston massacre

EOG Dedicated
It's a disaster

Walmart has major suppliers not shipping, more empty shelves to come. Not just supply chain issues with the freight forwarders (which is a major problem, covid has shut a major port this week in Yantian) but suppliers will not air goods in, their costs are skyrocketing, Walmart doesn't want to give increases, so some suppliers are not paying premium rates required to get goods on the water in timely matter.
A container from Ningbo was $4k range a year or so ago ($3k to LA) , now they start at $9k.



Like The Demented One's Economy ?
 

boston massacre

EOG Dedicated
Prices for all kinds of products, from lumber to diapers, have been climbing this year. The headline measure of consumer prices rose 4.2% in the 12 months through April, the most since 2008. The numbers for May are due to be published on Thursday.


gas is up too..



"But thank God there were no offensive tweets this week." lol

  • Headline consumer prices rose 5% year over year in May, the fastest pace since August 2008 and higher than Wall Street expectations.
  • The 3.8% rise in the core inflation rate, which excludes food and energy prices, was the sharpest increase in nearly three decades.
  • Surging used car car prices helped drive much of the inflation gains.
  • Initial jobless claims totaled 376,000, a touch higher than the estimate.
 
Top