Consumer Price Index rose 3.2% in October

I've forgotten more than you know. For instance the phrase "dumb Indian" is redundant. :)
racist.gif
 

That is down from the 3.7% in September. The Fed and the WH are slowly shipping away at a, pandemic caused, spike in inflation. If this trend continues into December, the Fed may leave interest rates at their present level. Bidenomics in slowly working and should lead to a long term trend of stability in the US economy. Other countries in the world are still seeing record high inflation, no so true of the US.
Jim the retard....
Cost of living is at an all time high. OFFICIAL INFLATION (The bullshit number) AT 3%.....actual inflation at 22%. Record homelessness, soaring energy bills, highest level of personal debt per capita in history, medical debt at an all time high, credit card debt highest ever, auto repossessions at record high.
Yep this administration breaks records.
 
The CPI increased 3.2% over what it was last october.

This is the way it's always figured.

Think. If you added up all the monthly percentages for the last 12 months you'd be over 50% for the year in no time.

Math is hard but it's not impossible. You should give it a try sometime.



Consumer Price Index (CPI) Explained: What It Is and How It's Used
CPI for dummies

You're still having problems. You don't seem to understand the cpi increase is the increase over time. It's the cost, in this case that's added to the previous increase.

Let's look at the broader picture, shall we?


Since President Biden took office in January 2021, Americans have faced increasingly higher prices for food, gasoline, and other common household items. And while prices have been going up, wages have been going down, placing additional stress on family finances.

Change since January 2021​

Bidenflation Real Disposable Income Change Since January 2021

Bidenflation Home Ownership Affordability Change Since January 2021

Bidenflation Credit Card Debt Change Since January 2021

Bidenflation Monthly Savings Change Since January 2021
 

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