𝙸𝚗𝚏𝚕𝚊𝚝𝚒𝚘𝚗'𝚜 𝙱𝚊𝚌𝚔, 𝙱𝚊𝚌𝚔 𝙰𝚐𝚊𝚒𝚗
We'd rather not be charting about inflation when there's so much else going on in the world, but when the data is doing something it hasn't done for more than 30 years, it's hard to ignore.
Consumer prices in the US are up more than 6.2% in the last 12 months — a reading last seen in December 1990. So if you just got a 5% pay rise, congrats, but also sorry — you're probably poorer in real terms than you used to be.
Stuff that's gone up the most
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Energy. Gasoline prices are up almost 50% on this time last year.
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Used vehicles. Prices for second-hand cars and vehicles were up 26% year-on-year.
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Food. Food as a category was up "only" 5%, but high-protein foods like meats, poultry, fish and eggs are up 12%.
𝙲𝚑𝚊𝚛𝚝𝚛 | 𝙳𝚊𝚝𝚊 𝚂𝚝𝚘𝚛𝚢𝚝𝚎𝚕𝚕𝚒𝚗𝚐
