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Nov 20, 2023
Shoppers Still Punished By Soaring Prices As Joe Biden Cheers Latest Inflation Numbers
Shoppers Still Punished By Soaring Prices As Joe Biden Cheers Latest Inflation Numbers
No, you're not imagining it - the price of just about everything in your life is getting more expensive. President Joe Biden this week spun the latest inflation numbers as good news for Bidenomics - cheering that October's Consumer Price Index climbed a slightly less-than-expected 3.2% from last year. But it's cold comfort to consumers who are still getting socked by stratospheric prices for everything - from their groceries to the rent to the car they drive and the gas in its tank. Indeed, compared to October 2020, when the US was under a COVID-induced lockdown, prices are up a blistering 18.2%. According to data from the US Inflation Calculator, which tracks changes in the price of basic food staples based on the monthly CPI, the price of a dozen grade-A eggs rose a whopping 47% over the past three years, to $2.07 from $1.41. READ MORE DAILYMAIL.COM President Joe Biden again blamed inflation on 'Putin's Price Hike' on Wednesday It came soon after Fe
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