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Mmastodon WarMiddle East first seen 2 d ago, last 1 d ago, peak #5

Wholesale prices jump 6.3%, biggest rise since 2022

Original: Wholesale prices jumped 6.3% annually in September, biggest gain since 2022 - # Trump is cratering the economy to suppor

US wholesale prices rose 6.3% annually in September, the largest gain since 2022, reigniting concern over inflation. Critics attribute the surge to the Trump administration's policies, including war spending, financial support for Israel and Argentina, and tax cuts, arguing these are damaging the economy. Supporters have not responded in the available discussion, but the inflation figure is drawing sharp political debate online.

Why now: A sharp inflation reading directly tied to current administration policies is fueling partisan economic criticism.

Donald TrumpUnited StatesIsraelArgentinaIran

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