The tweet was deleted by the author.
But we saved everything 🙂.
Import and export prices, excluding oil, experienced significant increases in February. Diane Swonk highlighted that import prices do not include tariffs, underscoring that other factors are contributing to price pressures.
There were notable jumps in capital equipment prices, especially for computers and semiconductors as chip costs accelerated. Swonk indicated that rising input costs for these goods can have broader effects across many sectors.
Earlier this year, Diane Swonk reported that U.S. core goods producer prices posted their largest increase since early 2022 and profit margins reached a record high, according to her analysis. She also noted that consumer spending slowed while inflation continued to rise, based on recent data on PCE, GDP, income, and sentiment. These developments set the stage for ongoing attention to input costs and price pressures.