Votar Roja
Diamond Member
- Sep 11, 2023
- 3,095
- 3,030
- 1,893
- Banned
- #1
Biden is LYING about the Economy
Inflation on the rise, job growth stagnating—Trish Regan dissects the latest economic numbers to uncover the real story behind Joe Biden's false claims of success.
Consumer inflation is on the rise again.
The personal consumption price expenditures (PCE) price index rose 3.3 percent in July compared with 12 months earlier, the Bureau of Economic Analysis said Thursday. This was the first acceleration in PCE inflation since April and follows the three percent reading in June.
The PCE price index climbed 0.2 percent compared with a month earlier, matching the June gain and up from May’s 0.1 percent. Before rounding, month-to-month inflation actually edged up a bit, rising 0.213 percent compared with June’s 0.205 percent.
Services prices rose 0.4 percent for the month and goods prices declined by 0.3 percent. Food prices climbed 0.2 percent. Energy prices rose 0.1 percent.
Core PCE inflation, which excludes food and energy costs, rose 4.2 percent on an annual basis, up from June’s 4.1 percent reading. On a monthly basis, core PCE prices were up 0.2 percent, matching the June figure after rounding and slightly exceeding it prior to rounding.
Inflation on the rise, job growth stagnating—Trish Regan dissects the latest economic numbers to uncover the real story behind Joe Biden's false claims of success.
Consumer inflation is on the rise again.
Bidenflation Keeps Going: Inflation Edged Higher in July
The inflation fight is getting tougher. | Economy
www.breitbart.com
The personal consumption price expenditures (PCE) price index rose 3.3 percent in July compared with 12 months earlier, the Bureau of Economic Analysis said Thursday. This was the first acceleration in PCE inflation since April and follows the three percent reading in June.
The PCE price index climbed 0.2 percent compared with a month earlier, matching the June gain and up from May’s 0.1 percent. Before rounding, month-to-month inflation actually edged up a bit, rising 0.213 percent compared with June’s 0.205 percent.
Services prices rose 0.4 percent for the month and goods prices declined by 0.3 percent. Food prices climbed 0.2 percent. Energy prices rose 0.1 percent.
Core PCE inflation, which excludes food and energy costs, rose 4.2 percent on an annual basis, up from June’s 4.1 percent reading. On a monthly basis, core PCE prices were up 0.2 percent, matching the June figure after rounding and slightly exceeding it prior to rounding.