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(CNBC)   China's producer prices rise faster than consumer prices by the most on record. That's not a bug for commodity producers, it's a feature   (cnbc.com) divider line
    More: Followup, Consumer price index, commodity prices, China's producer price index rose, producer prices, Inflation, largest gap, heavy commodity users, Larry Hu  
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231 clicks; posted to Business » on 09 Jun 2021 at 8:54 AM (6 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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6 days ago  
They should farm their production out to China to lower costs.
 
6 days ago  
"Selling prices to private consumers are holding fairly steady, while production costs are soaring. That cuts into how much money manufacturers can make"

I have no sympathy for the fortunes of the wealthy. Less profit? Oh no. Anyways.
 
6 days ago  

Nadie_AZ: "Selling prices to private consumers are holding fairly steady, while production costs are soaring. That cuts into how much money manufacturers can make"

I have no sympathy for the fortunes of the wealthy. Less profit? Oh no. Anyways.


I have sympathy for the workers in those factories.  Management is going to be looking to save money and while there's nothing they can do about the price of materials there are a lot of horrible things they can do about the labor costs.
 
6 days ago  
If only they could take back the means of production, then Pooh bear could make more hunny at a lower cost without the bourgeoisie idle rich stealing wages from the proletariat.
/Subby needs re-education camp
 
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