Annual inflation at 16.46%
The latest available data, which does not include the May CPI report as of this writing, shows that inflationary rates using the Fed’s old standard sits are about double what the government has told you, at 16.46%.
For example:
https://www.thegatewaypundit.com/20...flation-real-inflation-rate-much-much-higher/
The latest available data, which does not include the May CPI report as of this writing, shows that inflationary rates using the Fed’s old standard sits are about double what the government has told you, at 16.46%.
For example:
- 1 lb uncooked long grain rice, May 2021: $0.801; May 2022: $.909. Increase: 13.5%
- 1 lb bacon: May 2021: $6.35; May 2022: $7.36. Increase: 16.0%
- Dozen eggs, grade A, May 2021: $1.63; May 2022: $2.86. Increase: 76.2%
- Gallon of whole milk, May 2021: $3.50; May 2022: $4.20. Increase: 20.2%
- 1 lb of coffee, ground roast, May 2021: $4.57; May 2022: $5.84. Increase 27.8%
- 1 lb propane, May 2021: $2.85; May 2022: $5.97. Increase: 111.4%
- Electricity (per kwh), May 2021: $.14; May 2022: $1.54. Increase: 10%
- Median home sale price, March 2020: $272,929; March 2022: $373,734. Increase: 26%
https://www.thegatewaypundit.com/20...flation-real-inflation-rate-much-much-higher/