Worrying Inflation Data(?)
Wholesale price index up 3.86% month over month, year over year in April is 8.30% , this data reflects the costs that will be passed down to consumers and is a good indicator for whats in the pipeline for CPI data and trails it by about a month or two
I was however, not able to obtain Household debt data, and the nominal wage growth data reliably, but I dont doubt that the financial pressures in a household continue to grow , and it only gets worse from here the longer the supply of Oil is disrupted
Doomer post, I know lol, and could anyone point me to sources for Household debt and nominal wage datas as well? Thanks in advance
u/FudgeHead5 — 7 days ago