It's not just the producer price index going up, it's also the number impacting consumers.
HOUSTON, Texas -- A membership at a wholesale provider can't even hide higher prices caused by inflation.On Tuesday, the U.S. Bureau of Labor Statistics released its producer price index. It shows that wholesale inflation rose 9.7% from January 2021.
"It's a little frustrating because it's like OK, why is bacon almost $5 now, or cereal went up a lot too," shopper Bresha Lyles said."I buy name brand. It's like $4.33 or $5 for a box of cereal." THE INFLATION FIX COULD BE COMING, BUT IT COULD MEAN THE HOUSE OR CAR YOU BUY WOULD COST YOU MORE PER MONTH
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