Tariff Derangement Syndrome Crushed: Producer Price Inflation Comes In Weaker Than Expected

Inflation Continues Cooling Amid Boosted Production And Cooling Demand, Leaving Tariff Panicans Empty-Handed

By Robert Romano Consumer and producer inflation continued cooling in the month of May, only rising 0.1 percent in both categories, according to the latest data compiled by the Bureau of Labor Statistics, amid increasing energy production and cooling demand. Energy dropped 1 percent on the consumer side including gasoline down 2.6 percent, and remained at 0 percent on the producer side. This comes amid boosted OPEC and U.S. production, with OPEC…

Tariff Derangement Syndrome Crushed: Producer Price Inflation Comes In Weaker Than Expected

Tariffs are not raising prices for final demand goods and services in the U.S., as another round of inflation data comes in softer than expected. The post Tariff Derangement Syndrome Crushed: Producer Price Inflation Comes In Weaker Than Expected appeared first on Breitbart.