The just-released latest Consumer Price Index shows price inflation for the month of April came in at .8% that is an annualized rate 9.6%.
This is a developing story, return to this post for updates.
UPDATE 1
On a 12-month basis, the CPI came in at 4.2%.
UPDATE 2
Earlier in April, I put out a podcast explaining: The Three Kinds of Inflation That are Going to Blow Overall Price Inflation Through the Roof.
UPDATE 3
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| Consumer Price Index percentage change from a year ago. |
-RW
What did we expect from the ignorant posing as experts? The second pipeline (line 5 ) is about to be closed. One hacked, the other closed by a hack in office. They are setting up an oil crises and massive shortages.
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