Trump Promise = "I will bring down inflation"

[schmidlap]

We will learn in a year what annualized inflation will be in the future.

Why compare a month to a future uear?

Why not just respect the figures issued by Trump's Department of Labor?

The Labor Department's data indicates that energy costs in the United States surged by 10.9 percent in March 2026. This increase was the sharpest since November 2022, with the rise primarily driven by fuel oil prices, which increased by 44.2 percent compared to 6.2 percent in the previous month. Gasoline prices also saw a significant increase, rising by 18.9 percent compared to -5.6 percent in the prior month. These fluctuations reflect the impact of energy disruptions amid the Middle East crisis.​

Consumer Price Index Summary - 2026 M03 Results

www.bls.gov

​

 

[Greenbeard]

We will learn in a year what annualized inflation will be in the future.

What we know so far is that the rate at which prices are growing at this moment has been pushed up dramatically in the last month.

Why compare a month to a future uear?

Because you said if the energy shock is having an impact we should expect to see inflation over 10%. Well, we have only one month of data during the energy shock so far and we know from that data that at this moment it's pushed inflation during that period to a rate of almost 11%. Hopefully that changes.

 

[Robert W]

Why not just respect the figures issued by Trump's Department of Labor?

The Labor Department's data indicates that energy costs in the United States surged by 10.9 percent in March 2026. This increase was the sharpest since November 2022, with the rise primarily driven by fuel oil prices, which increased by 44.2 percent compared to 6.2 percent in the previous month. Gasoline prices also saw a significant increase, rising by 18.9 percent compared to -5.6 percent in the prior month. These fluctuations reflect the impact of energy disruptions amid the Middle East crisis.​

Consumer Price Index Summary - 2026 M03 Results

www.bls.gov

​

10.9 percent of 2.3 percent is nothing to worry about.

 

[berg80]

U.S. Gas Prices Hit Highest Level Since Beginning of War in Iran​

Gasoline prices in the United States rose on Tuesday to their highest level in four years as peace talks between the United States and Iran appeared at an impasse.

The average cost for a gallon of regular gasoline is $4.18, according to the AAA motor club. The price at the pump has not been that high since April 2022, shortly after Russia invaded Ukraine. Tuesday’s jump of 1.6 percent was the highest percentage increase in more than a month.

Oil prices continued to climb on Tuesday, with negotiators deadlocked over proposals to reopen the Strait of Hormuz to tanker traffic and restrict Iran’s nuclear program.
https://www.nytimes.com/2026/04/28/...8976&user_id=fecdfdffdaaa11107b72f0f4f6e429cc

The country is being run by a collection of misfits and clowns in this regime.

 

[Greenbeard]

47 points underwater on cost of living. Yikes.

 

[22lcidw]

47 points underwater on cost of living. Yikes.

And you will be twice as worse.

 

[Greenbeard]

And you will be twice as worse.

Riveting defense.

 

[berg80]

Consumer prices rose 3.8% annually in April, the highest since May 2023​

Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.

The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus.

Excluding food and energy, core CPI increased 0.4% and 2.8% respectively, indicating that while inflation is still well above the Federal Reserve’s 2% goal, a good deal of pressure is coming from non-core areas, particularly energy.

The annual headline inflation rate was the highest since May 2023.

Consumer prices rose 3.8% annually in April, the highest since May 2023

The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.

www.cnbc.com

The thing is, the full impact of higher energy prices hasn't filtered through the economy yet. And oil is up again today by 3%.