The Producer Price Index rebounded in January which was more than expected to start 2023.
Two days ago, on Valentine’s Day, the consumer price index increased further than analysts had predicted. The CPI increased to 6.5%. This is over the prior year. The increase in prices since Biden took office is much higher.
This is why every American sees that their dollars are not going as far as they did when President Trump was in office. Under President Trump, the annual rate of inflation was flat at 1%. It wasn’t an issue.
Continued Article: https://www.thegatewaypundit.com/2023/02/biden-economy-worst-inflation-rebound-ppi-rises-expected/
