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The annual rate of US inflation climbed to 7% in December, marking a 39-year high

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982. It’s…

By Trench Times , in United States , at January 12, 2022 Tags: , , , ,

The annual rate of US inflation climbed to 7% in December, marking a 39-year high

Prices paid by U.S. consumers jumped 7% in December from a year earlier, the highest inflation rate since 1982. It’s the latest evidence that rising costs for food, gas, rent and other necessities are heightening the pressures on U.S. households.

At first, it didn’t even register as a threat. Then it seemed like a temporary annoyance. Now, inflation is delivering sticker shock to Americans at the supermarket, the gas station and more.

Grocery store shelves are empty, the supply chain is a mess, inflation is rising, and the President from the largest voter turnout in US history’s main concern is voter suppression.

What people are saying?

Melissa Kittin I’m curious if there are any investigations on the actual necessity of these price increases? As well as perhaps a way to curb them for a little time by reducing the huge profits of a company slightly by not raising the prices (which would actually increase their profits I would.

Miha PharmD No jobs were “created”! Weird way of saying that lost jobs from pandemic closure are now slowly reopening. Fact is, any gain in increased wage has been lost due to inflation. But keep up the propaganda of lies.

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