When are groceries supposed to get prohibitively expensive?
- Thread starter vraiblonde
- Start date
frequentflier
happy to be living
Meh. Personal reflection is overrated.
PeoplesElbow
Well-Known Member
Well he does have his picture as his avatar.
Grumpy
Well-Known Member
Yeah, there is that..
Core Inflation Falls To Lowest Rate In Four Years
The personal consumption price index climbed 0.1 percent in April, the second month in a row in which consumers got relief from inflation that had plagued the economy throughout the Biden administration. In March, the index showed prices were flat.
Compared with a year ago, prices are up just 2.1 percent. That just one-tenth above the two percent rate of inflation the Fed says it targets. In March, prices were up 2.3 percent from a year earlier.
Core prices, a measure that excludes food and energy, also rose 0.1 percent. Over the past year, core prices are up 2.5 percent, the smallest year-over-year increase since March of 2021.