Whole Sale Price Inflation (PPI) reaches highest level since November 2022, 6.5%

[Johnny2X2X]

Last edited Thu Jun 11, 2026, 10:42 AM - Edit history (1)

https://www.bls.gov/ppi/

6.5% year over year. 1.1% month over month after 1.1% last month. 1.1% over 12 months is over 15%.

This hit 11% in 2022 early in the year which translated to 9% CPI. This is spiking quickly and if that doesn't change, the experts could be wrong again in their predictions of only 5-6% CPI.

I remember when that peak hit in 2022 an people thought that meant CPI would head to 11% too, but it was a little noisy at the peak and came up short of that, but the expectation was that it would match it. It usually does. So I think 6.5% CPI is more likely than not and we're not done rising by a long shot. This fantasy that if we stop bombing Iran that inflation will snap back is just that, a fantasy. The war in Iran will have inflationary effects that continue for a year or more.