Core Consumer Prices Rise For 53rd Straight Month, Hit New Record High (Shelter Index Increased 4.9 Percent YoY)

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by confoundedinterest17

 

There is one way out of the inflation trap. And it’s drill, baby, drill!

For the 53rd straight month, core consumer prices rose on a MoM basis in October with the YoY pace re-accelerating to +3.33%.

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The shelter index increased 4.9 percent over the last year, accounting for over 65 percent of the total 12-month increase in the all items less food and energy index.

See also  Record high fast food prices have made consumers increasingly reluctant to spend. Even fast food is becoming unaffordable.

Thank goodness Harris can’t try to impliment her ridiculous plans to boost housing!

Glad to see Vivek Ramaswamy and Elon Musk (the NEW Two Bobs from Office Space) cleaning up the mess in Washington DC.


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