Author Topic: Consumer Prices Explode 7.5% Higher, Worst Inflation in 40 Years  (Read 135 times)

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Offline Ptarmigan

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Consumer Prices Explode 7.5% Higher, Worst Inflation in 40 Years
« on: February 10, 2022, 06:31:46 PM »
Consumer Prices Explode 7.5% Higher, Worst Inflation in 40 Years
https://www.breitbart.com/economy/2022/02/10/january-cpi/

Quote
U.S. consumer prices jumped by the most in nearly four decades as the new year started, sapping the savings of American families, diminishing the purchasing power of worker paychecks, and putting pressure on the Federal Reserve to hike interest rates beginning in March.

The consumer price index climbed 0.6 percent from a month before, the Department of Labor said Thursday. Compared with January of last year, consumer prices are up 7.5 percent.

Economists had expected prices to rise 0.4 percent on a monthly basis and 7.2 percent above a year ago’s prices.

Inflation continues to rise.

Shadow Government Statistics
http://www.shadowstats.com/

The inflation rate is at 15.1%.
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Offline DLR Pyro

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Re: Consumer Prices Explode 7.5% Higher, Worst Inflation in 40 Years
« Reply #1 on: February 10, 2022, 06:46:27 PM »
Let's Go Brandon!!
Biden is an illegitimate President.  Change my mind.

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Basking in the glow of my white privilege

ProudDad Donating Member (1000+ posts) Wed Mar-09-11 08:50 PM
64.I'd almost be willing to get a job in order to participate in
A NATIONAL GENERAL STRIKE
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