Consumer Inflation Highest Since 1981, Only Getting Started

June 10, 2022

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Consumer inflation is raging, and is just getting started. OBiden has destroyed America's energy supply, and started a war in Ukraine. Energy prices are skyrocketing. And, just getting started.

Energy is a major part of the cost of production of course.

We did it Joe!

The numbers out this morning are shocking.

Donald Trump said the 'climate change' agenda was a Chinese plot to destroy Western economies.

He was right.

Financial markets are collapsing on the news.

Consumer Price Index (MoM) (May) printed at 1% vs 0.7% consensus estimate.

Consumer Price Index (YoY) (May) printed at 8.6% vs 8.3% estimate.

Consumer Price Index Core s.a. (May) printed at 292.29.

Consumer Price Index ex Food & Energy (MoM) (May) printed at 0.6% vs0.5% estimate.

Consumer Price Index ex Food & Energy (YoY) (May) printed at 6% vs 5.% estimate.

Consumer Price Index n.s.a. (MoM) (May) printed at 292.296 vs 291.661 estimate.

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Author

CDM Staff

The mission at Creative Destruction Media is to be the catalyst for the "process of industrial mutation that incessantly revolutionizes the economic structure from within, incessantly destroying the old one, incessantly creating a new one."