As inflation pressures mount, economic indicators reveal a complex landscape where rising costs clash with official narratives, pushing public awareness toward a critical tipping point.
by Dave Fairtex
Chris Martenson’s Peak Prosperity
Consumer Economy
Auto/Light Truck Sales (ALTSALES); +3.24% m/m, (prior -3.91% m/m)
Producer Prices (PPIACO); -1.16% m/m, +1.06% y/y
CPI All Urban (CPIAUCSL); +0.18% m/m, +1.93% y/y
Auto/light truck sales have been (mostly) chopping sideways for the past year or so; this month’s increase didn’t cause any sort of breakout from this range. Auto sales are down maybe 10% from the highs set during the Orange Hitler years.
PPI is slowly moving lower – that’s disinflationary – it (mostly) tracks energy prices.
The deliberately understated CPI says “inflation is under control”: +0.18% m/m (2.16% annualized). How are your auto insurance or sickcare costs? Wolf: