ADVERTISEMENT

U.S. inflation rises sharply again in August and stays at 30-year high

m.knox

Well-Known Member
Gold Member
Aug 20, 2003
122,919
82,304
1
What we need now is 3.5 trillion dollars of social justice spending .... lol...

https://www.marketwatch.com/story/u...remains-at-30-year-high-pce-shows-11633092039

The numbers: The cost of goods and services rose sharply again in August and left the rate of U.S. inflation at a 30-year high, with all signs pointing to price pressures snaking into next year.

The personal consumption expenditure price index climbed 0.4% in August, the government said Friday. It was the sixth straight big increase.

The rate of inflation in the 12 months ended in August edged up to 4.3% from 4.2% — the highest rate since 1991, when George H.W. Bush was president.
 
ADVERTISEMENT
ADVERTISEMENT
  • Member-Only Message Boards

  • Exclusive coverage of Rivals Camp Series

  • Exclusive Highlights and Recruiting Interviews

  • Breaking Recruiting News

Log in or subscribe today