Annual American inflation hit 7.5%: A near 40-year high

A key measure of inflation climbed to a near-40-year high last month. The consumer price index rose 7.5% in the 12 months ending January, not adjusted for seasonal swings, the Bureau of Labor Statistics said Thursday. It was the steepest annual price increase since February 1982.

Stripping out food and energy prices, which tend to be more volatile, prices increased by 6% between January 2021 and January 2022, marking the largest increase since August 1982.In January alone, prices rose 0.6%, including seasonal adjustments, the same rate as in December. That served up some bad news for people who hoped the monthly data would indicate a slowdown of the price hikes.Prices increased across the board, including for housing, furniture, used cars and medical costs.

It is a harvardian Nobel inflation c_aashish

It is a harvardian Nobel inflation sanjeevsanyal

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It’s time to boycott every corperations that is price gouging.

News from India Muslims Girls not all in exam with Hijab....

kingdom of crypto here

Thank a democrat and the Media..

CNNPolitics No its higher than that

Meanwhile…CEOs continue to hike prices while hiding behind inflation.

This is like a weather report after a nuclear global attack but you don’t mention the nukes at all. Great work.

Don't believe it•| mid term•| going green Front rebuild back better Infrastructure plan.road/railway.River! Covid-19 Pandemic.crises Settlement.|food bank|farmers|& stimulus.|•community violence| WhiteHouseblack live matter|stream surveillance webbed Connexion.$|•¶!∆Bf

Big Boat.!orbit.! Football racial conflict..Support environment Blog blue.! Term and condition front•| Contradictoire ! Be safe.Covid19 pandemic

Inflation is just an opportunity game! If one opens the door, it’s hard to close it, even if a manufactured Door!

immediately US:

Thanks to BIDEN!

No shortage of money for starting wars with Russia

Thanks, Biden

Yes due to the supply chain crisis not the current Administration. Biden has done Several things to get this supply chain going.

It Sivan artificial inflation governed by corporate greed!

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That’s why we should wear 😷

kamangir101 Vote for democrats 🤦

Thanks Biden

Thanks puddin’brains joe!!!

Wages! Hello?

Popeyes raised the price of their spicy chicken sandwich and I'm devastated

The “media” says inflation but we all know it’s just “profiteering” why do we put up with this bull SHIRT! TuckerCarlson seanhannity HawleyMO SenHawleyPress tedcruz mikepompeo ATT

Bidenflation

Are we done with the liberal Democrat experiment? It's ruining our lives......

Shocking -- add this to all of the mess Biden and his crew have made! Shame on all of you WOKES!

Rich people got to stay rich!

Have you asked the companies how the CEO’s are receiving 30 Million dollar bonuses? The companies are the ones causing the inflation by raising prices for their gain .CNN

Shutting down the pipelines didn't help, So now we need to get more fuel from outside countries which cost more. LetsGoBrandon

A loaf of bread was $50.00.🤪🤫

CNNPolitics So was the GDP. “ the economy grew last year at the fastest pace since 1984”.

Only cause they've altered the math, if you use the math from 1982, it's the highest inflation in the last 70 years, since after WW2

The media could help educate. Demand outstrips supply. The Fed will deal with demand. On Supply side, difficult in a global economy. The inflation situation is global. US citizens should not think that this is an American situation

Gob Bless America

Biden should be happy BBB died or it would be worse.

Thanks Biden!!!!!!

I bet Trump and his buddies that received the huge tax cuts are worried about putting gas in their yachts. They should roll back the cuts for the top 1% and give it anyone making $150k or less

Impeach Trump!

You got what you pushed and voted for, I hope you’re all satisfied

CNNPolitics And it's unfortunate that this inflation caused by COVID-19 will affect Biden's ratings. STOP THE GOP! VOTE THEM OUT!

CNNPolitics Really m? NO ONE SAW THIS, the “EXPERTS “ said it was transitory. At what point do we get to quit calling these morons experts?

But thank god no mean tweets.

Continue to cheer on JoeBiden! CNN did the American citizens WRONG!

It's real and it's not transitory? Who could've guessed that.

Thank you President Biden for managing the deflationary pressures so well. This must be the 7% solution I've heard so much about.

Show us a list of corporate profits and CEO salaries

lookner Who would’ve thunk if you print money and mail everyone checks it would cause inflation?!

Thanks Biden

The true number is always released after the smaller Cost of Living increase🙄

But LenBermanSports says Brandon has nothing to do with it

Still well below the Mendoza line

'Is there ant conceivable reason or cause? We've spoken to 3 people in a Kentucky Wal-Mart to find out what they think.'

Tell corporations to stop hiking up food prices

😡

‘Annual’. You make it sound like it jumped to 7.5 in January. Fix it. Jeez. 🙄

Fake news CNNPolitics milking it

Thanks Biden.

Now do corporate profits, starting with CNN

You will survive. We made it through worse in the 70's and 80's. Speaking of which, here's a ditty from 1978 to keep you going.

Just pass the BBB that will cure all issues in America

Big businesses working to recoup their losses of the past two years on the backs of average Americans. Notice the stock market has remained high, with a dip here and there. Capitalism. Inflation will disappear when big businesses meet profit goals.

Not a word about the relation to the pandemic and the fact that this is a global economic phenomena.

POTUS federalreserve Jerome Powell SecYellen I hope you are all proud of yourselves, this is quite an accomplishment. Please continue doing nothing to stop inflation.

What is inflation like in Europe? oh, you don't think that's relevant, you just want bad press for Biden?

That is complete bull crap. Based on my findings in SoCal it is more than 25%. This is the direct result of unrestrained government spending and printing of money while artificially suppressing interest rates to near zero.

Is it happening elsewhere? What are the effects of COVID on these numbers? Just two important questions not answered by this hit piece.

From your own files:

Us inflation did not climb 7.5% in January. Right number is 0.6%. Terrible reporting.

You might want to mention the actual causes: global supply chain problems impacting every economy, Covid worker concerns, corporations inflating prices to drive profits, etc.

Any why is that? Global supply chain issues from a world-wide covid pandemic perhaps?

Which is happening all over the world. DO BETTER. FFS

So it's just an American issue? No other country is dealing with it?

I am so happy the national media pushed to get Biden, a career bureaucrat with no executive experience and someone who has never created a job in his life, to be president. This dolt has destroyed everything he has touched yet the media still uses Jan. 6 as a smokescreen.

Join the club

The Rich are running the world!

With no mention of GLOBAL inflation as a result of a global shutdown due to the pandemic. Good job by CNN working hard to drive Biden's ratings down

It's not inflation, it's corporate greed. They are not covering rising costs, they are increasing their profit margin.

Let’s hear it. It’s Trump’s fault.

What policies does GOP leadership suggest? Beyond just the “elect more of us and we’ll get back to you later with something.” Still waiting on their promised health care plan from years ago.

This why we need BuildBackBetter !

The banks at it again!!! Corporate Greed!!!

Inflation has been driven higher by soaring demand and lack of supply caused by Covid pandemic's global impact on trade .

How about you call it what it really is? PRICE GOUGING!!

Last years excuse to raise prices was “covid”, this years is “inflation”.

... and corporations are raking in record profits, executives getting massive raises/bonuses.

But Biden told us it was just a temporary blip. He would never lie to the American people

I can't believe the confusing headline from CNN. A six year old could do better. Smh!

LetsGoBrandon. At least we don't have mean tweets. The record number inflation, debacle in Afghanistan, higher oil prices, supply chain issues, open borders, the continuous pandering to China, massive uptick in crime, people openly stealing, cops getting murdered. redwave

Call it what is .. people know it's CORPORATE GREED !!

Let's go Brandon

Inflation spiked 7.5% in January - hitting 40- year high.

When are you gonna do continual stories about price gouging by Corporations under the cover of inflation. Any Multiple stories?

Just in US Corporations use pandemic to boost prices and set record profits.

The media keeps hyping that prices are going up and it is creating a feeding frenzy among retailers and grocery stores IMO. People are raising prices because they think everyone else is and they want their cut.

Will the Fed raise interest prior to it’s March meeting

A massive surge that's pushed the Federal Reserve to ease its pandemic - era stimulus more quickly than expected .

Good thing we’re getting subsidized crack pipes. Although maybe federal employees should not qualify.

Thanks George Washington

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