The PPI in Germany rose this January 2022 at 25% above last year. If we look a bit further, it rose about 29% from 2020-05 which is about 1.5 years. Latest rise was 32 points, whatever these points are. When counting the same numbers from 1950 we see that it rose 32 points from about 1951 to 1981, which is 30 years.
Easy comparison, 1.5 year this time vs. 30 years in the past. This Producer Price Index
DEPPI
is going to explode the Consumer Price Index
DECPI
eventually, since whatever the producers produce usually is being sold to consumers at some point. This will all get paid, either with higher prices or with bankruptcies, pick your poison.
Easy comparison, 1.5 year this time vs. 30 years in the past. This Producer Price Index
DEPPI
is going to explode the Consumer Price Index
DECPI
eventually, since whatever the producers produce usually is being sold to consumers at some point. This will all get paid, either with higher prices or with bankruptcies, pick your poison.