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Mid City Times

Monday, November 25, 2024

Texas U.S. Rep Beth Van Duyne: "The bottom line? Inflation remains high and is unlikely to decline soon."

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Beth Van Duyne tweeted the following:

"The bottom line? Inflation remains high and is unlikely to decline soon."
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Here are other recent tweets from Beth Van Duyne:

"Todays PPI report shows that inflation is even higher than expected. Economists expected to see an increase of 0.4% and instead saw an increase of 0.7%. This was the HIGHEST month-over-month increase weve seen since early last summer."
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"Every month, the @BLS publishes the Producer Price Index (PPI) which shows the change in prices paid to producers of goods and services. PPI is a measure of wholesale inflation and higher PPI numbers = higher inflation."
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"Another inflation measure came in hotter than expected. Todays PPI report shows that inflation remains high and is unlikely to decline soon."
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