Inflation Hits 30 Year High

Inflation

We paying more for everything and prices are rising faster than they have past 30 years, as outline by Statista:

Consumer prices in the United States continued to rise in October, as inflation hit a 31-year high. The Consumer Price Index for All Urban Consumers (CPI-U) was up 6.2 percent compared to a year ago, while the core index excluding more volatile food and energy prices surged by 4.6 percent from October 2020 levels. Those were the highest readings since November 1990 and August 1991, respectively, fueling inflation fears that had long been downplayed.

Leave a Reply

Your email address will not be published. Required fields are marked *