For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s.

by
Sharing is Caring!

For the 38th consecutive month, CPI came in above 3%. That’s the longest period of high inflation since the late 1980s to early 1990s.
byu/Perfect_Alarm_2141 ineconomicCollapse

The Consumer Price Index (CPI) has been on the rise. As of April 2024, the CPI in the United States has been consistently above 3% for 38 consecutive months. This prolonged period of high inflation is notable, as it hasn’t been seen since the late 1980s to early 1990s. The CPI measures changes in prices paid by U.S. consumers over time and serves as a popular gauge of inflation.

See also  More families than ever are openly admitting they’re flat-out broke. Not struggling, not getting by — broke.
See also  Classic Wall Street -- Since Goldman upgraded China to a "BUY," $BABA has dropped 28% and the Hang Seng index has fallen 18%.