Paper Economy

Share this post
Producer Prices Index (PPI) April 2022 - Food On Fire!
papereconomy.substack.com

Producer Prices Index (PPI) April 2022 - Food On Fire!

SoldAtTheTop
May 12
Comment
Share

Looking a little deeper at today’s Producer Price Index (PPI) report makes it pretty clear that our current bout of inflation is not only sustained, but placing a historic burden on consumer’s fundamental cost of living with finished consumer foods climbing 1.84% since March and a truly stunning 34.9% since April 2021.

While historically very volatile, consumer foods have never increased this sharply on an annual basis, nearly doubling the last most significant annual rate and far outpacing the levels seen in the 1970s when inflation was such a persistent and prominent issue.

The following data visualization shows PPI Finished Consumer Foods since 2017 (click for dynamic view) with the index value (in blue) on the left axis and the year-over-year change (in red) and month-to-month change (in green) on the right axis.

The following data visualization shows PPI Finished Consumer Foods since 1975 (click for dynamic view) with the index value (in blue) on the left axis and the year-over-year change (in red) and month-to-month change (in green) on the right axis.

CommentComment
ShareShare

Create your profile

0 subscriptions will be displayed on your profile (edit)

Skip for now

Only paid subscribers can comment on this post

Already a paid subscriber? Sign in

Check your email

For your security, we need to re-authenticate you.

Click the link we sent to , or click here to sign in.

TopNew

No posts

Ready for more?

© 2022 SoldAtTheTop
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing