pull down to refresh
5 sats \ 0 replies \ @Undisciplined 15 May \ parent \ on: The inflation situation: 3.4% CPI econ
Consumer demand can be low because families are more budget constrained, which means consumer prices can't rise enough to compensate producers for their rising costs. You can only charge what the market will bear.
I'd say that if both PPI and CPI are telling an accurate story, then we're about to see lots of businesses going under.