Consumer prices rise more than expected, pushed by 9.1% jump in gasoline

cnbc ^ | APR 13 202110:03 AM EDT | Jeff Cox

[BenLurkin]

"Unexpected"

[kaktuskid]

When gas prices go up prices for groceries and anything delivered by a truck goes up

[oldtech]

That pitiful raise for social security recipients doesn’t count for much does it? Maybe we’ll get an honest adjustment for inflation next year. Right.

[A Navy Vet]

In my best Gomer Pyle voice; Surprise, Surprise, Surprise.

[dfwgator]

*Drink*

[dsrtsage]

Strange how unexpected means the exact opposite during (R) administrations

[alternatives?]

What about wood prices?

[escapefromboston]

Unexpected ?

[Harpotoo]

Invest in Railroad stocks for a while:-)

[DOC44]

But but but but.... Orange man bad.... so we all suffer because all the fools thought orange man bad.

[Pollard]

Consumer prices rise more than expected, pushed by 9.1% jump in gasoline

Consumer prices rise as expected, pushed by dems cheating their way into office

[blueunicorn6]

Democrats = inflation

[Flick Lives]

There’s no inflation according to the Fed, except for food, fuel, housing, and electricity. So if you just don’t buy those discretionary items you’ll be fine.

[Howie66]

I found a receipt in my truck yesterday dated 20 May, 2020. The price per gallon of gas was $1.49 (Costco).

I miss President Trump!! So does my wallet.

[Extremely Extreme Extremist]

Invest in wheelbarrows folks. Pretty soon we’ll be wiping our butts with $50s.

[Pajamajan]

Surprise!

🙄

[reed13k]

“many economists as well as policymakers at the Federal Reserve expect the increase to be temporary”

Funny, I don’t remember deflation ever resulting in lower prices for every day items like food. I only remember box and can sizes being adjusted down with pricing remaining the same.

[CaptainKip]

Thanks a lot President Dufus...

[cgbg]

many economists as well as policymakers at the Federal Reserve expect the increase to be temporary

Translation--they will create a new calculation for the CPI that eliminates any embarrassing increases...

[I want the USA back]

I could have told them what to expect in the numbers. Inflation had already set in. The numbers are not reality. The numbers lag behind reality. All they had to do was ask me, and the numbers would not have been “unexpected.”