The Bureau of Economic Analysis released its Personal Consumption Expenditures marker Thursday, showed inflation rose 0.2% in January, more than many experts had previously expected.
“Core PCE inflation picked up a lot in January,” Harvard Professor Jason Furman wrote on X, formerly known as Twitter, adding that the figure was “high relative to what might have been hoped a month ago.”
The increased costs varied across different goods and services.
It's not inflation according to Ray Ban Joe. It's shrinkflation caused by the evil corporations.
ReplyDeleteI don't think we need any .gov agency to tell us that inflation is going up. All you have to do is go to the grocery store.
ReplyDeleteNemo
Yeah. No shit.
ReplyDeleteGlad we had experts to explain it for us, or we may have missed it. /s
Leigh
Whitehall, NY
This^^^^
ReplyDeleteFjb and 500+/- more
If Biden's .gov says "0.2%" then it was "O.8%".
ReplyDeletegee when the price of transportation rises, I wonder what happens to the price of everything delivered by transportation?
ReplyDelete