Posted on 08/14/2023 7:04:11 AM PDT by ChicagoConservative27
wrong.
The headline number of +3.2% annual includes food and energy — it includes everything
*****
marketwatch.com
The numbers: U.S. consumer prices rose a mild 0.2% in July, but the rate of inflation rose for the first time in more than in a year in a sign it’s going to take a while to get the rise in the cost of living fully under control.
The yearly rate of inflation rose to 3.2% from to 3% in the prior month, the consumer price index showed. It was the first increase in 13 months.
*****
It’s up 3.2% from an already sky-high and white-hot pace of a year ago.
specifically, it’s up 3.2% from a year ago, up 12% from 2 years ago and up 18% from three years ago (the first year of the coronavirus)
Ha ! Such propaganda.
How about the page of having dementia?
Check.
They call a reduction in the rate of increase of inflation a “drop”.
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