Economy

Rhiannon12866

(254,861 posts) Fri Mar 20, 2026, 01:05 AM Yesterday

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

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Kevin Hassett took to CNBC to plead the administration’s case by using outdated information because the markets are projecting a massive spike in oil prices to last through the year and potentially beyond.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

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Trump in Economic DEATH SPIRAL as WAR THREATENS IT ALL - Meidas Touch (Original Post) Rhiannon12866 Yesterday OP

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

Wow! So it looks like it was already bad enough and stands to get substantially worse Rhiannon12866 Yesterday #2

On Wednesday, 2weeks ago, the day before TSF attacked, I got gas on my way to get my car window fixed Deuxcents 7 hrs ago #3

Yikes! And it's still going up every single day Rhiannon12866 6 hrs ago #4

It's his EO for the Army-Navy game, gold paint, ballroom plans and me, me, me 💩 Deuxcents 6 hrs ago #5

progree

(12,935 posts)

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

Reply to Rhiannon12866 (Original post)

Fri Mar 20, 2026, 03:27 AM

Yesterday

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

(254,861 posts)

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

Reply to progree (Reply #1)

Fri Mar 20, 2026, 03:47 AM

Yesterday

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.

Deuxcents

(26,691 posts)

3. On Wednesday, 2weeks ago, the day before TSF attacked, I got gas on my way to get my car window fixed

Reply to Rhiannon12866 (Reply #2)

Fri Mar 20, 2026, 09:53 PM

7 hrs ago

Gas was 2.81 at the membership big box store I go to. Yesterday, I went to the same gas station to top off and gas was 3.88..over a dollar a gallon. It was 3.98 just down the street. It will be over 4$ after this weekend and I’ll bet we’ll have shortages soon because lines are long now. This increase is just the tip of what we can see now and we have not even talked about food and other necessities

Rhiannon12866

(254,861 posts)

4. Yikes! And it's still going up every single day

Reply to Deuxcents (Reply #3)

Fri Mar 20, 2026, 10:32 PM

6 hrs ago

At the two convenience stores/gas stations near me, it went up 10-cents a gallon from Tuesday to Thursday, $3.69 to $3.79 at both of them. And diesel was up to $5.29 as of yesterday. And of course prices are up everywhere for groceries, which the felon used to like to talk about, but he's no longer boasting...

Deuxcents

(26,691 posts)

5. It's his EO for the Army-Navy game, gold paint, ballroom plans and me, me, me 💩

Reply to Rhiannon12866 (Reply #4)

Fri Mar 20, 2026, 11:03 PM

6 hrs ago

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