Inflation Gain News Today : Breaking News, Live Updates & Top Stories | Vimarsana

© Provided by Xinhua Due to the growth in gas prices, year-over-year consumer price index inflation gain is currently at 5.1 percent.OTTAWA, March 4 (X

Everything is going up. in the month, up 0.5% from june to july. that's a steep one-month move when you strip out the volatile food and energy sectors and inflation gain of 0.3%. i like to look at it year over year so you get a sense of how much more expensive things are today than they were a year ago. inflation up 5.4%. you saw a similar increase last month, so that's two months of really hot inflation numbers. going through the categories, just about anything you eat costs more whether you buy groceries, all kinds of groceries, or you go out to a restaurant. we also saw gas prices rising, h...

Used cars and trucks rose 10.5%, that accounts for more than one-third of the inflation gain. but airfare, gas, beef, even laundry machines rising sharply from last year. the price of eating out jumped 0.7%, biggest increase since 1981. likely because they are raising wageses and that is passed on t you. but these prices year over year, you are correcting from the last summer of 2020. what was happening last summer? nothing. year over year numbers look and feel dramatic when you are recovering from a deep recession. and this is the great american covid comeback. demand is surging and supply ch...