Donald Trump's tariff policies are showing signs of causing inflation. Recent increases in the Producer Price Index (PPI) indicate upward price pressure at various stages of the supply chain. The PPI saw a 0.9 percent rise in a single month, the largest increase since 2022, while the year-over-year change stands at 3.3 percent. Notably, this rise in PPI precedes changes in the Consumer Price Index (CPI), suggesting that the economic impact of tariffs may indeed be translating into higher consumer prices, contrary to earlier expectations.
The Producer Price Index recorded a 0.9 percent single-month increase, marking the largest rise since 2022 and indicating potential inflation from tariffs.
PPI spiking ahead of CPI suggests serious upward price pressure due to tariffs affecting supply chains, affirming economists' concerns about Trump's policies.
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