Latest / On The Record with Christian Briggs
Wholesale and Consumer Price Index Update
Christian is a guest speaker on A Good Fight podcast with Jameson Haygood. They speak about how in April 2024, the WPI (Wholesale Price Index) rose to a 13-month high of 1.26%. When the CPI (Consumer Price Index) came out in mid-May, it was down a bit, which indicated that the inflation at the wholesale did not get pushed up yet to the retail. That means that inflation is coming yet again for the consumer. According to Forbes magazine, 78% of U.S. households live paycheck to paycheck. The U.S. dollar has lost 17-20% this year against different foreign currencies as well as international and…
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