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Tuesday, April 12, 2022

Inflation Rose 8.5% In March, Worst Since 1981


Ever notice how the Democrats haven't bragged about how great a job His Fraudulency Joe Biden has been doing?

Well, there's many good reasons for that and the Bureau of Labor Statistics has provided another reason of why Biden is doing a crappy job.

From Yahoo! Finance:

U.S. consumer price increases quickened in March, underscoring ongoing inflationary pressures as supply chain disruptions and shortages lingered across the economy.

The Bureau of Labor Statistics' (BLS) Consumer Price Index (CPI) rose 8.5% in March compared to the same month last year, according to the latest report released Tuesday. That marked the fastest rise since December 1981. This followed a 7.9% annual increase in February. Heading into the report, consensus economists were looking for an 8.4% jump for March, according to Bloomberg data.

 To read more, go here.

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