No. 960: June 2018 Consumer and Producer Price Indices, Real Earnings
June 2018 CPI-U and PPI Annual Inflation Rates Jumped to
Respective New 75- and 79-Month Highs of 2.87% and 3.37%
Real Average Weekly Earnings Growth Stalled at 0.0% in June 2018,
Unchanged both Month-to Month and Year-to-Year
Systemic- and Consumer-Liquidity Woes Have Intensified Sharply,
Driven by Fed Tightening and by Soaring, Oil-Supply-Distorted Inflation
Exploding Consumer Inflation Does Not Reflect Surging U.S. Economic Demand
Economic Prospects Dim, as the Consumer Outlook Continues to Weaken