Posted on 08/28/2021 6:30:13 PM PDT by 11th_VA
The core personal consumption expenditures price index (PCE) is a key inflation metric used by the Federal Reserve. The inflation measure increased 3.6% in July 2021 from a year ago and tied the highest level in roughly 30 years. Including volatile food and energy prices, the PCE index rose 4.2% year over year, up from 4% in June 2021 and the highest reading since January 1991. Considering energy and food factors, which increased 23.6% and 2.4%, respectively, from a year ago …
Personal Consumption Expenditures Price Index, Excluding Food and Energy
Change From Month One Year Ago
July 2021, 3.6 percent
June 2021, 3.6 percent
May 2021, 3.5 percent
April 2021, 3.1 percent
(Excerpt) Read more at swfinstitute.org ...
Transient...
Quick, Fed. “Adjust” the index to make it look like inflation is running at a mild 1%. Come on, Fed you can do it. Shamelessly lie like everyone else in DC does.
All on the backs of hardworking AMERICANS!
If I ran my personal finances like this.......WTF,why be silly?
This is Still a LIE! We no longer include Food, Housing or energy in the CPI, try 12-13%
Methinks they move the goal posts to serve themselves...
It is not even close to peaking. It will end up around 30% yearly.
But big screen TVs are cheaper!/s
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