On a monthly basis, overall consumer prices increased by 0.4% from August, according to data released Thursday by the Bureau of Labor Statistics. Economists had projected that the monthly figure would rise by 0.2%. On an annual basis, prices rose by 8.2% in September, a slower increase than the 8.3% rise seen in August, the Consumer Price Index, which measures the changes in prices for a basket of consumer goods and services, showed.
6% increase in September year over year, setting a new high this year and reaching a level not seen since August 1982. The month-to-month core reading showed prices rose 0.6% in September, matching August’s increase of 0.6%, a number that surprised investors and triggered a market meltdown as fears grew that persistent inflation would prompt even more aggressive action from the Fed.
Hey ! Any way you can blame that on Trump too?
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FOLK BETTER HONOR GOD AT THE POLLS..CAUSE THE DEVIL IS THE FATHER OF LIES & THE ROOT OF EVIL AND GOD SAID TO NOT MOCK NOR BLASPHEME THE HOLY GHOST..& BY SWEARING ON HIS LIVING WORD FOR OATH HELD OFFICES WHILE LIVING IN HIS POLAR OPPOSITE..CLAIMIN THEY ARE A GOD FEARING PARTY.SMH
Why don’t you also explain that all the companies we spend money to are making record profits. It’s not inflation it’s greed, everyone of these companies could keep prices at pre pandemic level s and inflation would not exist. Absolute power corrupts absolutely
Wait for the drop in USD and the pain will be real
It’s hurtful to read most of the comments. People even do not understand the meaning of the headline. And for shure it’s the profit seeking companies to condemn. Omg folks, this prob is globally. Your college debts are really a waste of money if these comments are the result.
Top 1% wants it ALL.
This is a bunch of greedy Corporatiins taking advantage and also want to help Repblcns get the majority in Congress. No doubt in my mind tht prices will begin to go down aftr midterms.
Everyone in or associated with the US government as well as the American news media should be connected to a polygraph when speaking.
Fail
Here come the spin meisters!
Big business record profits.
This too must be Trudeaus fault and doing according to Polievre and Singha idea of inflation theJagmeetSingh PierrePoilievre
Companies raised prices to exceed already record profits, you mean
[punished by relentless* high prices]
Amazing. Prices went up despite NO EFFORT to regulate price gouging or to raise corporate taxes. Imagine that.
But our president will tell you things are “getting better”
When will the White House be doing some thing about all the other Countries that are coming through Central America & Mexico to walk through The south north American border Surely we can’t sustain this constant bombardment of immigrants globally ?
Hmmmmmm
The Alzheimers patient is doing a seller job, isn't he. 🤣🤣🤣🤣
Government printing money
Thanks for the inflation joe biden adminstration. We love open borders, nuclear war, highest gas prices, high food prices, 7% mortgages, no free speech, mandatory injections, mask mandates, crime everywhere. Give us more of it Joe administration and leftists.
Mean tweets are down though.
Compared to a year ago should always be stated. Inflation month to month is almost flat. Inflation is a tough nut to crack. If prices were to fall too quickly the economy would suffer more.
Hear me out... maybe 'the fed' doesn't give a shit about you and me.
Note: at least 1/3 of the world is experiencing the same thing
Always coming in higher than expected.... perhaps we need to get people who expect correctly.
Where's the surprise? Fed wants overnight at 4 percent ...guess where it's going to go....to 4 percent. Just a matter of when. I do like the windfall tax idea on Corp profits though....
Thankgod for the Inflation Reduction Act or inflation would be 8.4%.
It's not inflation! Its price gouging
Perhaps a fruit and veg diet will help them get healthier instead of processed and takeaway junk food
Corp greed, and the people. The only person to blame is the people.
Just an inch, hardly at all.
Because the Fed action isn't addressing the cause of the inflation. It isn't even trying.
9.7 in sweden 🥲
I’m in California this week and it sure feels like inflation is 2-3 times higher than anyone else, because of TAXES! Visiting with one local, he called his state the rip-off state. Sure makes me grateful to live in Utah! UTPOL TheDemocrats UtahGOP GavinNewsom
Funny, how you’re not placing blame on Brandon. fjb
Record corporate profits, and greed are the only thing raising prices
Keep voting/cheating democrats and the problems will get worse.
biden is flying America into the ground
Any references to Democratic party’s policies and demand for higher minimum wages as the culprits?
Thanks Joe!
Biden & Dem spending caused the inflation along with Biden’s Federal Reserve’s loose money policy. Bidenflation is a heavy TAX on the lower and middle incomes. The recession is going to get worse
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