Economics, as a branch of the more general theory of human action, deals with all human action, i.e., with mans purposive aiming at the attainment of ends chosen, whatever these ends may be.--Ludwig von Mises
Thursday, December 13, 2007
Producer Price Index up 3.2%
Wholesale prices saw their biggest jump in 34 years in November, according to a government inflation reading Thursday that came in much higher than forecast due to a record spike in energy prices.The Producer Price Index rose 3.2 percent, up from only a 0.1 percent rise in October.
Labels:
inflation,
producer price index
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