WASHINGTON – Today, Republican National Committee (RNC) Chairwoman Ronna McDaniel released the following statement on February's Producer Price Index:
“Prices are skyrocketing, real wages continue to fall, and Americans are being left behind in Biden’s failed economy. Biden's failures are breaking the banks, devastating American small businesses, and bankrupting families.”
Background:
- February’s Producer Price Index rose by 4.6 percent since last year.
- Core producer prices – which takes out food, energy, and trade – increased by 4.4 percent from last year.
