Inflation rose 9.1% in June, even more than expected, as price pressures intensify

CNBC ^ | July 13, 2022 | Jeff Cox

[John W]

Shoppers paid sharply higher prices for a variety of goods in June as inflation kept its hold on a slowing U.S. economy, the Bureau of Labor Statistics reported Wednesday.

The consumer price index, a broad measure of everyday goods and services, soared 9.1% from a year ago, above the 8.8% Dow Jones estimate. That marked another month of the fastest pace for inflation going back to December 1981.

[Tell It Right]

Energy costs rose 41.6% YOY.

[usconservative]

Energy costs rose 41.6% YOY.

Depends on which you're talking about. Gas prices more than doubled, some 258% worth depending on where you live in the country.

[Deo volente]

My weekly grocery bills are up 15-20%. I buy the same things every time.

This “9 percent” thing is just flat out false.

[Opinionated Blowhard]

Putin! Trump! Republicans! Scream it loud enough and hopefully at least a couple voters will believe it.

[Harpotoo]

Yes and his Billionaire lib backers are making sure the market won’t crash today no matter the cost to Dem:-)

[central_va]

unexpectedly

[Libloather]