03-12-2024, 10:31 AM
The Biden economy is the major reason I'm in the situation I'm in now, couch surfing with friends. When I got the lease renewal for my apartment the last time, my rent was going to go from a little over $1,400 a month to over $1,800 a month in one fell swoop. and with the price of utilities, groceries, and everything else going up faster than an F-16, that was just too much of an increase for me to handle so........
Inflation ran hotter than expected in February as high prices persist
Inflation rose 3.2% in February from a year ago
Inflation unexpectedly ticked higher in February thanks to a jump in the cost of gasoline and rent, underscoring the challenge of taming price pressures within the economy.
The Labor Department said Tuesday that the consumer price index, a broad measure of the price of everyday goods including gasoline, groceries and rent, rose 0.4% in February from the previous month. Prices climbed 3.2% from the same time last year.
Both of those figures came in higher than the 0.3% monthly increase and 3.1% headline gain recorded in January.
https://www.foxbusiness.com/economy/cpi-...ruary-2024
Inflation ran hotter than expected in February as high prices persist
Inflation rose 3.2% in February from a year ago
Inflation unexpectedly ticked higher in February thanks to a jump in the cost of gasoline and rent, underscoring the challenge of taming price pressures within the economy.
The Labor Department said Tuesday that the consumer price index, a broad measure of the price of everyday goods including gasoline, groceries and rent, rose 0.4% in February from the previous month. Prices climbed 3.2% from the same time last year.
Both of those figures came in higher than the 0.3% monthly increase and 3.1% headline gain recorded in January.
https://www.foxbusiness.com/economy/cpi-...ruary-2024