Tuesday, April 13, 2021

Price Inflation Comes in Hot

Click on chart for larger view


The consumer price index came in with an increase of  0.6-percent for the month of March. That is an annualized rate of  7.2-percent

This is a developing story, return to this post for updates. 


The March 1-month increase was the largest rise since a 0.6-percent increase in August 2012. Over the last 12 months, the index increased 2.6 percent.


The gasoline index continued to increase, rising 9.1-percent in March. For the last 12-months gasoline prices are up by 22-percent.


1 comment:

  1. So inflation is currently somewhere between 7% and 22%?

    Trying to understand. What is real inflation at for the average person? How much loss in purchasing power?