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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