Beth Van Duyne tweeted the following:
"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."Read on Twitter
Here are other recent tweets from Beth Van Duyne:
"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."Read on Twitter
"Another inflation measure came in hotter than expected. Todays PPI report shows that inflation remains high and is unlikely to decline soon."Read on Twitter
"I appreciated hearing from the local business leaders who joined my Tax Roundtable yesterday, which was part of my #TX24 Tax Week." on Feb. 15Read on Twitter