Thursday, April 22, 2021

Another glance at the 1955-57 inflation

Percent Change from Year Ago, Producer and Consumer Prices  1950-1962

The increase appears to begin mid-year 1955, six months or so after the 1955 increase in the Labor Force Participation Rate began, with producer prices rising ahead of consumer prices. 

However, as the "Percent Change" view of this monthly data shows, the price rise appears to have begun in January of 1955 -- along with the unusual year-long increase in Labor Force Participation:

Percent Change, Producer and Consumer Prices  1950-1962

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