Posted on 03/14/2023 6:11:55 AM PDT by ChicagoConservative27
The consumer price index (CPI) rose by 0.4 percent in February for an annual increase of 6 percent, right in line with what economists had been expecting, according to data released Tuesday by the Labor Department.
The 6 percent annual inflation rate was the lowest yearly price increase since September 2021.
Without food and energy prices, which are more volatile, the CPI rose 0.5 percent in February and 5.5 percent over the past 12 months.
(Excerpt) Read more at thehill.com ...
Well that's good. Because nobody I know uses food or energy. ðŸ˜
I myself prefer to freeze, and starve. /sarc
The folks in Tahoe have 15 ft of global warming in their yards.
They removed the items that most affect consumers (food and energy) and which are most volatile and then they claim that inflation eased.
And most of the media go along with the fantasy figures, believing that the boobs in the population will believe them instead of their own eyes and pocketbooks.
What do they shave? Your whole body?
6 percent equals 12 percent.
No one mentions that it is cumulative! Prices of everything keep going up and the Feds target at 2% will never happen given the Biden administration’s policies.
LIARS.
I will check the price of butter and eggs....
Nope inflation still high!
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