Bidenflation much worse than expected: Consumer prices rise 9.1%

[SugarDaddy1]

Inflation in the United States, already at 40 year highs, rose to an annual rate of 9.1 percent in June, the Department of Labor said Wednesday. This is the highest rate since 1981.

Compared with a month earlier, the Bureau of Labor Statistics’ Consumer Price Index was up 1.3 percent.

Economists had expected CPI to rise at an annual rate of 8.8 percent, up from 8.6 percent in May. They expected a month-over-month increase of 1.1 percent.

Inflation has American families hard by raising prices for everyday necessities like food, gasoline, housing, transportation, and utilities. Huge increases in the price of gasoline in June, which hit new all-time highs several times during the month, started to sap household and business spending on other items.

https://www.breitbart.com/economy/2...worse-than-expected-consumer-prices-rise-9-1/

 

[HisArpy]

But those numbers are already out of date because they were last month.

I wonder what the excuse is going to be when July's data is released?

 

[rockcasbah]

“ the only function of economic forecasting is to make astrology look respectable”

Jkg

 

[Hodes101]

Bidenflation....?

Maybe opening a can of words here but you can't blame Biden for your inflation.

It's a global problem.

Here in the UK we're seeing over 10% and most of Europe is circa 8.1%

 

[rockcasbah]

You know that fake fish you hang on your wall that sings “hello dolly” when you trigger it?

Same thing.

In Canada, the hopeless retards call it “ Justinflation”

Ph.D’s in Memeology.