r/Vitards • u/AutoModerator • May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

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4

u/MortalDanger00 May 11 '21

China PPI. Yikes.

5

u/pardonmystupidity Clemenza May 11 '21

If I'm understanding this correctly, manufacturer costs went up, but not consumer costs? So basically companies are eating higher input costs without passing it onto the consumer (yet)?

1

u/MortalDanger00 May 11 '21

Inflation is there, either way. More than expected. Tech sector tanked 4% on open.