Consumer prices rose by 6.8% in November over previous year, Labor Department ... The number marks highest annual inflation rate since June 1982

https://justthenews.com ^ | By Just the News staff Updated: December 10, 2021 - 9:13am

[Red Badger]

The Labor Department reported Friday the U.S. consumer price index rose 0.8% in November, compared to October. The increase marks a 6.8% increase over the previous year, the department also reported, marking the highest annual inflation rate since June 1982.

Wall Street expected the month-to-month index to reflect a 0.7% gain for November, according to CNBC.

Under the Biden administration, the CPI increased 0.9% in October, compared to the previous month.

The index report from the department's Bureau of Labor Statistics gauges inflation by measuring the cost of dozens of items from such everyday goods as gasoline and food to pet food to new and used vehicles.

[no_go_lie]

Thank you Brandon!

[Uncle Miltie]

Recommend Breaking News.

[TornadoAlley3]

Biden Bounce

[JoSixChip]

Prices up, wages down. This is building back better according to those in the know.

[Uncle Miltie]

0.8% x 12 months = 9.6% Annualized Run Rate Inflation.

Folks, we are at 10%.

[nesnah]

Bare Shelves Biden

[rktman]

Well according to msnbCrap, we can afford it.

[1Old Pro]

The number marks highest annual inflation rate since June 1982

Not good, at all. 2022 is going to be about the economy stupid. Then about the out of control national crime wave due to Soros Dem DA's letting criminals back into the streets. Historically, if the economy and crime are against you, you lose BIG.

[Mouton]

But look at the positive, I’ve got a ton more script money in my wallet. UNKO, what I used to buy for 1 now costs 1.50 but so what, I’ve got all this free money now plus if I choose to go back to work, my pay is much higher too.

Let’s go Brandon, we can get that inflation number up to double digits with just a bit more work.

[Mouton]

But look at the positive, I’ve got a ton more script money in my wallet. UNKO, what I used to buy for 1 now costs 1.50 but so what, I’ve got all this free money now plus if I choose to go back to work, my pay is much higher too.

Let’s go Brandon, we can get that inflation number up to double digits with just a bit more work.

[E. Pluribus Unum]

Safe and Effective.

[technically right]

It’s just transitory. Trust us.

[Red Badger]

Historically, if the economy and crime are against you, you lose BIG.

That was true.................before the era of Dominion Voting Machines...................

[1Old Pro]

It’s just transitory. Trust us.

Probably so, until just after the 2022 elections when those responsible start getting retired.

[DAC21]

Good job Joey.

[JoSixChip]

Folks, we are at 10%.

And 0.025% interest rates. That's a recipe for success!

[ClearCase_guy]

Sure, sure. Crime is way up. Inflation is a beast. But it’s all good. Whatever it takes to smash the domestic terrorism of white supremacy. That’s the main priority.

[FreedomPoster]

I got my first mortgage about a year and a half later. IIRC it was around 13% interest.

[cnsmom]

Obama’s crew wants to be certain Biden does everything possible to erase the memory of what a horrible President Obama was. Obama has No legacy so he needs to pad the worst ever list until he does something merit worthy in his life.