AFPI Statement on May’s Producer Price Index Release

WASHINGTON, D.C. – Today, the America First Policy Institute issued the following statement from James Carter, Director of the Center for American Prosperity, after the release of the May 2022 Producer Price Index report:

“More bad news for the American people: Inflation is showing no sign of slowing down. Today’s latest inflation report again highlights the failures of the Biden Administration’s economic policies. This increase in producer prices of 10.8% will be passed on to consumers, making it even harder for American families to get by.”

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