Supply chain and wholesale inflation hits 26.5%, worst since 1974
Americans continue to get hammered by the rapid inflation and economic woes of the Biden-Harris Administration. Experts also claim that things aren’t going to get better anytime soon.
The Biden-AOC-Sanders agenda continues to slam Americans. And a key, but often overlooked inflation measure, shows that the situation is not going to get better anytime soon.
“Prices for intermediate processed goods are up 26.5 percent, the largest 12-month increase since December 1974, when the index rose 28.9 percent,” Breitbart reported.
“When you look at goods that are processed by U.S. manufacturers for sale to other businesses, such as an appliance manufacturer selling to a retailer or a software maker selling to a digital game store, prices are up by more than 26 percent,” Breitbart said.
The results of this are easy to predict — at some time, those high-prices goods are going to be sold to consumers. So if the price of dishwashers is up 26% now, at some point Sears or Target is going to have to sell those appliances.
Are you paying more at the pump? Do you think Biden needs to return to Trump’s policies? Let us know below!