Inflation Report Shows US Economy Massively Distorted By COVID Policies
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There is no sugarcoating yesterday's inflation report. The release of December‘s CPI data starts bad and gets worse. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment.
Inflation Report Shows US Economy Massively Distorted By COVID Policies
Inflation Report Shows US Economy Massively…
Inflation Report Shows US Economy Massively Distorted By COVID Policies
There is no sugarcoating yesterday's inflation report. The release of December‘s CPI data starts bad and gets worse. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent in December on a seasonally adjusted basis after rising 0.8 percent in November, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 7.0 percent before seasonal adjustment.