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Author Topic: Inflation rose in November for second month in a row, up to 2.7%  (Read 664 times)

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Offline mystery-ak

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Inflation rose in November for second month in a row, up to 2.7%
« on: December 11, 2024, 09:05:15 am »
Inflation rose in November for second month in a row, up to 2.7%
By
Zach Halaschak
December 11, 2024 8:32 am
.

Inflation moved up for a second month in a row, rising one tenth of a percentage point to 2.7% for the year ending in November, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index.

Rising inflation is unwelcome news for President-elect Donald Trump, who will soon inherit the economy from President Joe Biden. It suggests that the price pressures that afflicted the country throughout Biden’s tenure have not yet fully abated.

On a month-to-month basis, inflation rose 0.3%.

Inflation was the biggest concern on the campaign trail and a major factor in Trump besting Vice President Kamala Harris last week.

Core CPI inflation, which strips out volatile food and energy prices, remained at 3.3% for the year ending in November.

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https://www.washingtonexaminer.com/policy/finance-and-economy/3256669/inflation-rose-in-november-for-second-month-in-a-row-up-to-2-7/
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Re: Inflation rose in November for second month in a row, up to 2.7%
« Reply #1 on: December 11, 2024, 09:11:14 am »
Inflation is a tax! The most cruel tax there is in fact.
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Offline DB

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Re: Inflation rose in November for second month in a row, up to 2.7%
« Reply #2 on: December 11, 2024, 09:21:47 am »
Biden and crew spent about 2 trillion dollars of printed borrowed money in 2024 alone. Of course, inflation continues.
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Offline DefiantMassRINO

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Re: Inflation rose in November for second month in a row, up to 2.7%
« Reply #3 on: December 11, 2024, 09:42:53 am »
Inflation is a mass poverty creation program.
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