Crime Consumer prices show significant jump in January

[6foot4njacked]

Draft dodger said the first day, now he back tracks and magats still clap like seals. Rinse and repeat with these retards...

 

[Cajun]

That's just the OP, who is trolling. The article itself is about the overall CPI, not just eggs.

Tariffs are immediate, the price increase is immediate. If anything, as I also pointed out, purchasing decisions have changed since Trump won the election because of the tariff threat. We will see continue increases in February figures as they come out, we won't have to wait months. We do know that the downward trend of the CPI has been trending upward again since the election, and we also know it's the highest it's been since June.

Let's say you own a business that imports a commodity under imminent threat of tariff. What do you do?

You buy as much as you can before tariffs are in place, which lowers supply, which increases prices for everyone else doing the same thing. The threat of tariffs will increase prices before they even go into place. That's not even getting into the arbitrary increase in price when the tariffs actually are in place, which they are now.

He announced and signed on Feb. 1. Lets see Feb report when it comes out.

 

[avenue94]

He even announced them on Feb. 1. Just cant put that on him bud. Again, I'm not saying it isnt going to get worse but tracking it... Jan doesnt fit.

And businesses already started making decisions based on his promises of tariffs. Talk of tariffs alone is enough for most businesses to make adjustments.

It's much easier to cut prices than raise them, so businesses are more likely to raise prices early to get ahead of tariffs.

 

[Only Here for Attachments]

Trump still hasn't found the inflation dials on the Resolute Desk?! Sleepy Joe figured that shit out in days.

 

[Cajun]

And businesses already started making decisions based on his promises of tariffs. Talk of tariffs alone is enough for most businesses to make adjustments.

It's much easier to cut prices than raise them, so businesses are more likely to raise prices early to get ahead of tariffs.

Its only on a few items. The fact that you ignore Biden tariffs as a possible reason for Jan means your posts arent genuine brotha. You just want to slam trump.

 

[avenue94]

Its only on a few items. The fact that you ignore Biden tariffs as a possible reason for Jan means your posts arent genuine brotha. You just want to slam trump.

The tariffs Biden imposed were primarily what Trump had imposed. I think both were unproductive. Previous tariffs were clearly not the cause given that they were active both last month and December and January 2024.

And few items? China produces more than a few items, especially for finished components. I don't have a dog in ascribing partisan points to tariffs, I work for a compony that sells data for that goes into the CPI. Not one of my clients were talking about Biden last month during their business planning and sales kick offs for 2025. It was all Trump tariffs, they already made their peace with longstanding tariffs a long time ago.

 

[Cajun]

The tariffs Biden imposed were primarily what Trump had imposed. I think both were unproductive. Previous tariffs were clearly not the cause given that they were active both last month and December and January 2024.

And few items? China produces more than a few items, especially for finished components. I don't have a dog in ascribing partisan points to tariffs, I work for a compony that sells data for that goes into the CPI. Not one of my clients were talking about Biden last month during their business planning and sales kick offs for 2025. It was all Trump tariffs, they already made their peace with longstanding tariffs a long time ago.

No he kept most of what Trump did then did that in Sept. I saw Tech, Temu, some Clothing. Need to revisit on the internet in the morning. But companies dont raise prices on the off chance there will be more tariffs. If you do work in the industry then you know. You dont overreact until the costs are definite. Anyway, this is silly. Trump didnt cause Jan

 

[avenue94]

No he kept most of what Trump did then did that in Sept. I saw Tech, Temu, some Clothing. Need to revisit on the internet in the morning. But companies dont raise prices on the off chance there will be more tariffs. If you do work in the industry then you know. You dont overreact until the costs are definite. Anyway, this is silly. Trump didnt cause Jan

Those were sector-specific tariffs mostly, and thus didn't affect every import from China (an additional $18 billion in imports versus $300 billion during Trump). Their impact was mostly limited to EVs, since we don't buy much steel and aluminum from China.

That's very different from an across the board tariff, especiaslly on many kinds of goods that America can't or doesn't want to produce.

 

[My Spot]

Another day, another sad nutman response thread (who has no issue with his school's athletic dept taking over $22 million annually in public funding).

 

[Mr Holmes]

Draft dodger said the first day, now he back tracks and magats still clap like seals. Rinse and repeat with these retards...

JBJ welcome back. That didn't take long.

 

[Sakuraba'sEar]

Old Fat Trump told me day 1 prices and inflation will be going down. Are you saying Trump lied to me

Even if he did, that still wouldn't represent to the entirety of January, as he took office on the 20th

 

[44nutman]

Even if he did, that still wouldn't represent to the entirety of January, as he took office on the 20th

Trump has already played golf 24% of his term as President, so maybe he meant 1 day after getting couple rounds of golf in and not day 1.
Do you know Old Fat Trump drives his golf cart on the green. As a golfer that is a no no and only reserved for golfers with a handicap. I was wondering when did being a fat fuck become a handicap?

 

[ShadowRun]

TDS effect

 

[Sakuraba'sEar]

Trump has already played golf 24% of his term as President, so maybe he meant 1 day after getting couple rounds of golf in and not day 1.
Do you know Old Fat Trump drives his golf cart on the green. As a golfer that is a no no and only reserved for golfers with a handicap. I was wondering when did being a fat fuck become a handicap?

 

[Roop Holstry]

Grocery prices do suck but 2 dozen organic free range eggs were only 8.50 at Costco and of course you have that massive 5$ Costco rotisserie chicken. Got like 4 meals out of it.

Spent way too much eating out these past couple months so back on the rotisserie chicken train

 

[Cajun]

Those were sector-specific tariffs mostly, and thus didn't affect every import from China (an additional $18 billion in imports versus $300 billion during Trump). Their impact was mostly limited to EVs, since we don't buy much steel and aluminum from China.

That's very different from an across the board tariff, especiaslly on many kinds of goods that America can't or doesn't want to produce.

Biden kept Trumps previous and added to them. Trump announced and signed that Feb 1. We are talking about Jan. Dude you guys just grab at whatever you can at this point. Companies with competitors don't just raise before they know. TS may be trolling but if the numbers are right then it's not Trump's doing. Things are going up but it can't be all Trump within a couple of days taking office.

 

[avenue94]

Biden kept Trumps previous and added to them. Trump announced and signed that Feb 1. We are talking about Jan. Dude you guys just grab at whatever you can at this point. Companies with competitors don't just raise before they know. TS may be trolling but if the numbers are right then it's not Trump's doing. Things are going up but it can't be all Trump within a couple of days taking office.

They start raising their prices as soon as they're confident the tariffs are likely and that the market can sustain the price hikes. Planning these changes takes months, if you wait until tariffs kick in, you're going to eat months of reduced margins or losses.

Have you ever done business planning or forecasting for a major company where products can't be whipped together overnight?

I'm not arguing Trump is to blame for all of January's numbers, but it's silly to pretend serious talk of tariffs was ignored by the market.

 

[Cajun]

They start raising their prices as soon as they're confident the tariffs are likely and that the market can sustain the price hikes. Planning these changes takes months, if you wait until tariffs kick in, you're going to eat months of reduced margins or losses.

Have you ever done business planning or forecasting for a major company where products can't be whipped together overnight?

I'm not arguing Trump is to blame for all of January's numbers, but it's silly to pretend serious talk of tariffs was ignored by the market.

I was acting COO of a manufacturing company (smaller business possibly than what younare talking though at 350M) while also being over sales and pricing during covid when lots of things came from overseas. The end product took months and there were adjustments that had to be made during this time based on projected margins. There were jobs that we had lower margins based on order from client then order of component. Usually there are buffers built in to offset. During Covid, we had to put in some disclaimers on these and agreed before signing the PO.

Ultimately volume can offset some of these issues when it comes to competitors. For us to get updated pricing based on the rise of covid and factor that in didn't take long for us as the labor was known, SG&A was steady so the COGS can be adjusted if it's just updating pricing of particular components. During covid did make this tricky as mentioned where we received a PO but there was a price jump or a time change for deliver. If you jump the gun too early you risk getting out bid for jobs you could have won. We adjusted to these as they happened though. The market was incredibly volatile.

Again, general inflation can happen more and more on things like "eggs" in the op but is a result over time. I'm not saying February-March won't be a jump. I'm just challenging the notion that he didn't even announce them until after a point that would have affected January.

 

[Rod1]

He is also responsible for cutting millions in waste and bullshit. I can live without a notebook. My kids haven't used notebooks in years.

"cutting millions in waste and BS"

Want to make a bet on that?

 

[avenue94]

I was acting COO of a manufacturing company (smaller business possibly than what younare talking though at 350M) while also being over sales and pricing during covid when lots of things came from overseas. The end product took months and there were adjustments that had to be made during this time based on projected margins.

Right, so all things being equal, would you raise your price and boost margins before tariffs start pinching, or wait until months after?

Ultimately volume can offset these issues when it comes to competitors.

Except for a lot of products, you can't squeeze out more volume, unless you have a production advantage compared to competitors (ie you assembly in Mexico, they assemble in China). Keep in mind a lot of companies were stockpiling in January as insurance (plus factoring in Chinese New Year disruptions), which means suppliers would be able to charge more in a lot of cases.

For us to get updated pricing based on the rise of covid and factor that in didn't take long for us as the labor was known, SG&A was steady so the COGS can be adjusted if it's just updating pricing of particular components. If you jump the gun too early you risk getting out bid for jobs you could have won.

The latter is possible but keep in mind that January is an important time of the year, everyone is finalizing bids for Q2 resets and most companies are doing sales kickoffs and locking in plans for the year.

Again, general inflation can happen more and more on things like "eggs" in the op but is a result over time. I'm not saying February-March won't be a jump. I'm just challenging the notion that he didn't even announce them until after a point that would have affected January.

Eggs is whatever, that's out of the control of any government for now, outside of structural failures like too much industry consolidation. We'll see what happens as the quarter unfolds, but most businesses do not wait until the ink dries to adjust strategy. You're acting like businesses were giving it a 25% tariffs went up, when in reality most of them worked off the assumption that there was an 80% chance or whatever of higher tariffs.