Producer prices rise at fastest rate in 2 years, February retail sales miss expectations

[The Economy is Getting Worse]

https://markets.businessinsider.com/news/interestrates/u-s-producer-price-growth-exceeds-estimates-in-february-1033164149

Producer prices rose at 0.6% month on month, the highest since June 2022. This annualizes to 7.2%. This is a signal that inflation could pick up in the coming months.

https://www.inc.com/reuters/us-retail-sales-miss-expectations-as-producer-prices-accelerate.html

Retail sales missed expectations, only gaining about 0.6% month on month. We expected a higher number as we should have rebounded after the weather related decline in January. January retail sales were revised down to -1.1% month on month. In the last 2 months, retail sales have gone down 0.5%, while consumer prices have went up 0.8%, meaning a real drop of 1.3%.

[MasterJedi]

Good ole corporate greed! Piggies are getting fat for the (metaphorical) slaughter.

[The Economy is Getting Worse]

Good ole corporate greed! Piggies are getting fat for the (metaphorical) slaughter.

This represents the input cost for corporations, not the price they charge consumers.

[Landslide Lyndon]

Can we have a megathread where all of riverwalk's doomerist posts are put in?
I don't think there is a need for a new one for every single obscure economic indicator.

[dead0man]

Good ole corporate greed! Piggies are getting fat for the (metaphorical) slaughter.

This represents the input cost for corporations, not the price they charge consumers.

he doesn't understand or care