December 14, 2021 | Press Release
Economy

RNC Statement on November Producer Price Index

Press Release

WASHINGTON - Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement regarding the November Producer Price Index: 

“Americans are paying higher prices for gifts, gas, and groceries this holiday season because of Democrat policies. As producer prices are up a record 9.6% from last year, Biden and the Democrats want families and small businesses to foot the bill for their Build Back Broke agenda. Rather than address skyrocketing prices, Biden is lying as he pushes for trillions more in reckless spending. Americans deserve better than Biden’s failed Build Back Broke agenda.”

BACKGROUND: 

  • Producer prices rose 9.6% from last year, the 8th consecutive month producer price increases have hit a new record high.