Author Topic: Prices jump 0.6 percent in March, highest increase since 2012  (Read 197 times)

0 Members and 1 Guest are viewing this topic.

Offline mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 381,863
  • Gender: Female
  • Let's Go Brandon!
Prices jump 0.6 percent in March, highest increase since 2012
By Niv Elis - 04/13/21 09:02 AM EDT

The Consumer Price Index, a measure of inflation, increased 0.6 percent in March, its largest monthly increase since August of 2012, according to Labor Department data released Tuesday.

March's reading, an increase from the 0.4 percent recorded in February, brings the unadjusted 12-month total price increase to 2.6 percent, though the comparison point from last year falls after the pandemic walloped the economy and prices temporarily dropped.

One of the biggest drivers of increased prices in March was gasoline, which rose 9.1 percent, accounting for nearly half of the overall jump. Natural gas prices also rose 5 percent. Indexes for food prices rose just 0.1 percent, but items such as cars and trucks, motor vehicle insurance, hospital services, and shelter saw an uptick.

more
https://thehill.com/policy/finance/547859-prices-jump-06-percent-in-march-highest-increase-since-2012
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 35,827
Re: Prices jump 0.6 percent in March, highest increase since 2012
« Reply #1 on: April 13, 2021, 07:20:49 pm »
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

-Dwight Eisenhower-


"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."

-Ayn Rand-

Offline catfish1957

  • Laken Riley.... Say her Name. And to every past and future democrat voter- Her blood is on your hands too!!!
  • Moderator
  • *****
  • Posts: 31,365
  • Gender: Male
Re: Prices jump 0.6 percent in March, highest increase since 2012
« Reply #2 on: April 13, 2021, 10:01:56 pm »
The real ugly fact that is being squelched is that inflation is on us more than we have seen in a long time.  And with Biden The Fool balooning the deficit, it is going to get much much worse.
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.