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Latest inflation reading shows prices
continue to rise

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Posted By: Dreadnought, 10/13/2021 9:28:11 AM

The latest inflation reading shows that prices rose by 5.4 percent on an annualized basis in September as supply chain bottlenecks, worker shortages and high demand kept prices rising, according to data released Wednesday by the Bureau of Labor Statistics. The inflation rate rose a seasonally adjusted 0.4 percent in September from August, according to the latest Consumer Price Index. That is well below the 0.9 percent seen in June but not enough to point to slowing inflation. Increases in food and shelter accounted for more than half of the index’s increase, with food rising 0.9 percent. Gasoline rose 3.9 percent and new vehicles rose by 1.3 percent.

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Reply 1 - Posted by: Californian 10/13/2021 9:39:48 AM (No. 944057)
5% for food? Try 40%. Few would notice 5%. I'm white collar and I feel the sting every day.
3 people like this.

Reply 2 - Posted by: LanceLink1 10/13/2021 10:38:15 AM (No. 944155)
Notice "unexpectedly" wasn't uttered by anyone? According to that genius yellen we shouldn't worry as shortages would be random and besides Joe has a plan! let's go Brandon!
1 person likes this.

Reply 3 - Posted by: mc squared 10/13/2021 11:06:29 AM (No. 944182)
This is news? Gas here went up 15 cents this month.
1 person likes this.

Reply 4 - Posted by: DVC 10/13/2021 3:10:35 PM (No. 944457)
Demonrats, wreaking their usual havoc on the economy. Dangerous fools. Trump had created the best economy of my lifetime, with the highest number of people working ever, rising wages, very low inflation, minorities doing very well. Everyone doing well. And these corrupt Marxists lay waste to all of that in a few months.
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Latest inflation reading shows prices
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4 replies
Posted by Dreadnought 10/13/2021 9:28:11 AM Post Reply
The latest inflation reading shows that prices rose by 5.4 percent on an annualized basis in September as supply chain bottlenecks, worker shortages and high demand kept prices rising, according to data released Wednesday by the Bureau of Labor Statistics. The inflation rate rose a seasonally adjusted 0.4 percent in September from August, according to the latest Consumer Price Index. That is well below the 0.9 percent seen in June but not enough to point to slowing inflation. Increases in food and shelter accounted for more than half of the index’s increase, with food rising 0.9 percent. Gasoline rose 3.9 percent and new vehicles rose by 1.3 percent.
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