The consumer price index rose 7% annually, the highest level since 1982, as reported by the Bureau of Labor Statistics. Monthly, the gain was 0.5%, driven by shelter and used cars and trucks.
If you factor out volatile food and energy costs, the core consumer price index rose 0.6% last month. On an annual basis, core CPI jumped 5.5% in December. That’s up from 4.9% in November. On Thursday, the Producer Price Index is also expected to surge 9.8%.
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Of course; OPEC is getting all the money back they lost under trump GOP HouseGOP SenateGOP SenateDems HouseDemocrats TheDemocrats government gets fundraising from OPEC, government change rules for OPEC to high up the prices. American 🇺🇸 people the fools. 💆🏾♂️🤦🏾♂️😩🙏🏾😑🙄😡
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European stocks set for higher open as investors focus on next U.S. inflation dataEuropean stocks are expected to open higher on Tuesday as investors look ahead to the next U.S. inflation reading on Wednesday. CarlPHI22278711 maybe inflate about 8-9% next update ,i prefer to short sell fiat and buy reflection ( inflow asset ) like babydogecoin , u know fiat risk can be quadrilions % superhyper inflate and for biggest could be more like Hungary ( April 1946 ) 41,900,000,000,000,000 % inflation
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