Trump Runaway Inflation
Collapse
X
-
-
Gasoline prices are likely headed higher in the weeks ahead as the impact of refinery maintenance and outages, particularly in California, trickle through the market ahead of the yearly switch to more expensive summer blends.
😎 1Comment
-
Trump's energy policies face setbacks as oil barons resist production boost. “Drill Baby Drill” presupposed that with Trump in power, drillers would shrug off woke snowflake regulations, rip into wild lands and open a floodgate of oil. In reality the industry is not interested in opening the spigots
Yep gas is up again😎 1Comment
-
Trudeau, Speaking to Americans, Blames Trump for ‘a Trade War’ Global markets fell after stiff U.S. tariffs went into effect at midnight, and China and Canada immediately imposed retaliatory measures. Mexico said it would announce its response on Sunday.
😎 1Comment
-
Egg prices down. Now inflation is coming. The democrat message is all crumbling.
U.S. Consumers Get Inflation Relief As Consumer Prices Rise Less Than Expected
Americans got relief from inflation in February as prices rose at the slowest pace since last summer.
Consumer prices rose 2.8 percent in the 12 months through February, the Labor Department reported Wednesday, slower than the three percent year-over-year increase recorded in January. Economists had forecast the consumer price index (CPI) would be up 2.9 percent versus a year ago.
Core CPI, which excludes volatile food and energy prices, rose 3.1 percent compared with a year earlier. This was a smaller annual increase than consumers faced in January, when core prices were up 3.3 percent. Economists had forecast a 3.2 percent rise.
The monthly pace of price increases slowed significantly in February. Overall consumer prices climbed just 0.2 percent, the smallest increase since August 2024. In January, prices jumped 0.5 percent compared with December. Core prices also rose 0.2 percent, half of January’s 0.4 percent surge.
Rising home prices and rents was a major contributor to inflation in February. The index for shelter rose 0.3 percent in the month and accounted for nearly half of the overall monthly increase, the Labor Department said.
Two of the most politically sensitive and economically salient areas of the economy brought consumers significant relief from inflation. The index for grocery prices—described as “food at home” by the Labor Department—did not rise at all. Gasoline prices fell by one percent.
Adversity temporarily visits a strong man but stays with the weak for a lifetime.👍 1👎 1Comment
-
Egg prices down. Now inflation is coming. The democrat message is all crumbling.
U.S. Consumers Get Inflation Relief As Consumer Prices Rise Less Than Expected
Americans got relief from inflation in February as prices rose at the slowest pace since last summer.
Consumer prices rose 2.8 percent in the 12 months through February, the Labor Department reported Wednesday, slower than the three percent year-over-year increase recorded in January. Economists had forecast the consumer price index (CPI) would be up 2.9 percent versus a year ago.
Core CPI, which excludes volatile food and energy prices, rose 3.1 percent compared with a year earlier. This was a smaller annual increase than consumers faced in January, when core prices were up 3.3 percent. Economists had forecast a 3.2 percent rise.
The monthly pace of price increases slowed significantly in February. Overall consumer prices climbed just 0.2 percent, the smallest increase since August 2024. In January, prices jumped 0.5 percent compared with December. Core prices also rose 0.2 percent, half of January’s 0.4 percent surge.
Rising home prices and rents was a major contributor to inflation in February. The index for shelter rose 0.3 percent in the month and accounted for nearly half of the overall monthly increase, the Labor Department said.
Two of the most politically sensitive and economically salient areas of the economy brought consumers significant relief from inflation. The index for grocery prices—described as “food at home” by the Labor Department—did not rise at all. Gasoline prices fell by one percent.
Where do you find this BS food at home did not rise at all ????? Well that's completely BS
FYI inflation did rise but was lower than expected
Try real news for a change
How your 401k and stocks?
The Trump Shit Show🥰 1Comment
Comment