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Inflation rising as cost of living raises prices.

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Consumer inflation rising at fastest pace in 6 years, CPI shows

By Jeffry Bartash
Published: Jun 12, 2018 8:54 am ET
 
 
 
 

Higher rent, gas prices push up cost of living by 2.8% in past year

The cost of living keep rising for Americans. The rate of consumer inflation in the past 12 months rose in May to 2.8% and hit a more than six-year high.
The cost of living keep rising for Americans. The rate of consumer inflation in the past 12 months rose in May to 2.8% and hit a more than six-year high.

The numbers: A measure that tracks consumer prices shows the cost of living is increasing at the fastest pace in six years, reflecting a strong U.S. economy and ultra-tight labor market that’s stoking inflation.

The consumer price index increased 0.2% in May, the government said Tuesday, in line with Wall Street’s forecast. The report came out one day before a Federal Reserve meeting in Washington that’s expected to result in another increase in U.S. interest rates.

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3 minutes ago, dontlooknow said:

Consumer inflation rising at fastest pace in 6 years, CPI shows

By Jeffry Bartash
Published: Jun 12, 2018 8:54 am ET
 
 
 
 

Higher rent, gas prices push up cost of living by 2.8% in past year

The cost of living keep rising for Americans. The rate of consumer inflation in the past 12 months rose in May to 2.8% and hit a more than six-year high.
The cost of living keep rising for Americans. The rate of consumer inflation in the past 12 months rose in May to 2.8% and hit a more than six-year high.

The numbers: A measure that tracks consumer prices shows the cost of living is increasing at the fastest pace in six years, reflecting a strong U.S. economy and ultra-tight labor market that’s stoking inflation.

The consumer price index increased 0.2% in May, the government said Tuesday, in line with Wall Street’s forecast. The report came out one day before a Federal Reserve meeting in Washington that’s expected to result in another increase in U.S. interest rates.

FAKE NEWS

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It’s easy for most people to feel the effects of cost-of-living increases in their daily life. But rising prices hit the lower and middle classes especially hard. Higher food, gasoline and utility costs mean less money remains once these necessities are paid for, leaving little for savings or discretionary spending. I was leaving in Danemark  for 4 years and during this  time cost of living in Copenhagen and social  facilities has grown for about 20%. Last year my brother has moved to Germany he said that there the level of the salary and living cost doesn't show a big inflation on the last year . I  was interested to read more information visit this article to see the cooperation between European countries .

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Thanks for sharing , interesting link

18 hours ago, brainstorm21 said:

It’s easy for most people to feel the effects of cost-of-living increases in their daily life. But rising prices hit the lower and middle classes especially hard. Higher food, gasoline and utility costs mean less money remains once these necessities are paid for, leaving little for savings or discretionary spending. I was leaving in Danemark  for 4 years and during this  time cost of living in Copenhagen and social  facilities has grown for about 20%. Last year my brother has moved to Germany he said that there the level of the salary and living cost doesn't show a big inflation on the last year . I  was interested to read more information visit this article to see the cooperation between European countries .

 

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On 8/19/2018 at 11:51 PM, dontlooknow said:

Consumer inflation rising at fastest pace in 6 years, CPI shows

By Jeffry Bartash
Published: Jun 12, 2018 8:54 am ET
 
 
 
 

Higher rent, gas prices push up cost of living by 2.8% in past year

The cost of living keep rising for Americans. The rate of consumer inflation in the past 12 months rose in May to 2.8% and hit a more than six-year high.
The cost of living keep rising for Americans. The rate of consumer inflation in the past 12 months rose in May to 2.8% and hit a more than six-year high.

The numbers: A measure that tracks consumer prices shows the cost of living is increasing at the fastest pace in six years, reflecting a strong U.S. economy and ultra-tight labor market that’s stoking inflation.

The consumer price index increased 0.2% in May, the government said Tuesday, in line with Wall Street’s forecast. The report came out one day before a Federal Reserve meeting in Washington that’s expected to result in another increase in U.S. interest rates.

Excellent news!!!! Trump is kicking ass and talking names!!!

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