Trump in Economic DEATH SPIRAL as WAR THREATENS IT ALL - Meidas Touch

[Rhiannon12866]

Max from ‪@UNFTR‬ digs into the recent Producer Price Index (PPI) Data Release to demonstrate how entrenched inflation already is in the economy. The scorching hot PPI figures were more than double consensus estimates and this is before the oil shock from the Iran War is factored into inflation.

Kevin Hassett took to CNBC to plead the administration’s case by using outdated information because the markets are projecting a massive spike in oil prices to last through the year and potentially beyond. - 03/20/2026.

[progree]

1. This table shows how way super-high the PPI numbers are. Latest PPI, CPI & PCE inflation measures compared

I annualize everything for comparisons to each other and to the 2% Federal Reserve inflation goal

One month increase (month-over-month) (annualized)
. . REGULAR CORE MONTH
PPI 8.5%    6.5% FEB (PPI = wholesale prices)
CPI 3.2%    2.6% FEB
PCE 3.3%    4.4% JAN
GOAL 2.0%   2.0%

Average increase over last 3 months (annualized):
. . REGULAR CORE MONTH
PPI 6.6%    4.5% FEB (PPI = wholesale prices)
CPI 3.0%    3.0% FEB
PCE 3.5%    3.7% JAN
GOAL 2.0%   2.0%

The above really puts in perspective how hot Wednesday's PPI report is (March 18). They are all bad, but the PPI is at a special level of bad.

The PPI Core is the regular PPI but without food, energy, and trade services

All 3 inflation sets of graphs (PPI, PCE, CPI) are at the top of my journal, one right after the other
both regular and core measures
https://www.democraticunderground.com/~progree
The links to the data are in those posts

They show that inflation is RISING. It is not "easing", nor is it just "sticky".

NOTE: the PCE graphs (and the table line for it) are for JANUARY, which is the latest PCE report to date.
The CPI and PPI (wholesale prices) are for February

All of this of course is before the US/Israeli attack on Iran on February 28.

[Rhiannon12866]

2. Wow! So it looks like it was already bad enough and stands to get substantially worse

Thanks so much for the explanation/numbers. And just the price of gas (no surprise) has gone up noticeably since between when I checked today and when I was out on Tuesday - and of course stands to keep rising.