Inflation Is Still A Big Problem And Government Continue To Spend Like Thieves
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in September on a seasonally adjusted basis, after increasing 0.6 percent in August, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.7 percent before seasonal adjustment.
much higher in many basic necessities:
1. Car Insurance Inflation: 18.9%
2. Car Repair Inflation: 10.2%
3. Transportation Inflation: 9.1%
4. Rent Inflation: 7.4%
5. Homeowner Inflation: 7.1%
6. Food Away From Home Inflation: 6.0%
7. Meat & Poultry Inflation: 4.8%
While headline inflation is down from its highs, many basic necessities are still seeing 5%+ inflation. It's also worth noting that we do NOT have deflation, we have disinflation.
While the rate of inflation is DOWN, prices are still RISING. Affordability is still getting worse.
We have been dealing with elevated inflation for nearly 3 years. 3.7% inflation in September is building on years of inflation before 2023. The Fed will continue doing whatever it takes to get inflation down.
www.lodge-co.com
-
15:24
TENET Media
16 hours ago $0.25 earnedMorals Vs Principles | Tim Pool
15.8K34 -
12:56
Melonie Mac
13 hours agoA New Low for Star Wars the Acolyte
8.94K25 -
17:25
Degenerate Jay
11 hours agoGreen Lantern Deserves Better
19.1K2 -
3:48:44
Badlands Media
22 hours agoEye of the Storm Ep. 134 - 10:30 PM ET -
69.7K64 -
3:42:24
SNEAKO
7 hours agoSECRET STREAM SECRET SURPRISE
70.9K21 -
2:31:41
GruntStyleGaming
8 hours agoEnlisted: Featuring LumpyPotatoX2 - #GSPatrioticSummer
32.9K4 -
7:59:24
FusedAegisTV
14 hours agoXIV TUESDAYS! I AM THE RUMBLE MASTER OF THE RUMBLE WARRIORS | Makin' Moves (6.3)
42.7K4 -
44:33
The Anthony Rogers Show
18 hours agoEpisode 321 - Mickey Avalon
31.1K2 -
1:32:11
Glenn Greenwald
12 hours agoMedia Converts Taboos About Ukraine Into Acknowledged Truths; Orthodox Rabbis on Condemning Israeli War; PLUS: Media Denies Biden’s Decline | SYSTEM UPDATE #284
77.1K221 -
37:44
Candace Owens
9 hours agoEverything We Learned About World War 2 Is A Lie | Candace Ep 7
70.5K288