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Inflation continues. CPI up putting annual rate at 3.8% highest since 2023
Posted on 5/12/26 at 12:03 pm
Posted on 5/12/26 at 12:03 pm
LINK
Prices up, wages down.
Are we winning enough yet?
quote:
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the highest since May 2023. Excluding food and energy, the core CPI increased 0.4% and 2.8%, respectively, keeping inflation well above the Federal Reserve's 2% goal. Though energy and in particular gasoline has been much of the headline story, inflation pressures also came from a variety of other areas. The report also contained bad news for workers, as real average hourly wages slipped 0.5% for the month and fell 0.3% annually.
Prices up, wages down.
Are we winning enough yet?
6
Posted on 5/12/26 at 12:04 pm to Adam Banks
Posted on 5/12/26 at 12:05 pm to SlowFlowPro
Nice picture of a doctor with his prescription for the economy.
Posted on 5/12/26 at 12:12 pm to Adam Banks
Likely a short term bump. Inflation was only 2.3% when I looked it up a couple months ago. This leads me to believe it’s tied to the oil market affected by the conflict in Iran and will likely subside after the conflict along with oil prices.
Posted on 5/12/26 at 12:14 pm to Adam Banks
quote:
Are we winning enough yet?
Lets be intellectually honest at least... inflation for the past year has been at or below the 2% mark.
This is typical Trump and self inflicted. He should just admit the Iran bullshite was a mistake and do everything possible to course correct.
Posted on 5/12/26 at 12:16 pm to Undertow
quote:
This leads me to believe it’s tied to the oil market affected by the conflict in Iran and will likely subside after the conflict along with oil prices.
Oh just that silly little war which has no end in sight.
Great.
Posted on 5/12/26 at 12:20 pm to Adam Banks
It’s all Oil bro. Louisiana making bank bro.
Posted on 5/12/26 at 12:20 pm to Lsut81
quote:
Lets be intellectually honest at least... inflation for the past year has been at or below the 2% mark.
quote:
CPI up putting annual rate at 3.8% highest since 2023
I guess I was supposed to include “and yes that includes 2025?”
This post was edited on 5/12/26 at 12:21 pm
Posted on 5/12/26 at 12:22 pm to Adam Banks
quote:
Oh just that silly little war which has no end in sight.
No end in sight?
it’s been on its last legs for a minute. It won’t be much longer. Just like egg prices you’ll soon forget you ever bitched about it.This post was edited on 5/12/26 at 12:25 pm
Posted on 5/12/26 at 12:23 pm to Adam Banks
Obviously this is a problem. Trump lost focus on what got him elected.. what most of us voted for … if he doesn’t refocus on domestic economic issues then losing elections are just a byproduct of his misstep here. I will not vote Democrat though.. they poisoned their pool for Iona in my personal sphere..
Posted on 5/12/26 at 12:24 pm to Adam Banks
How did this get anchored?
Only good news for papa?
Friggin censorship
Only good news for papa?
Friggin censorship
Posted on 5/12/26 at 12:27 pm to Adam Banks
quote:
How did this get anchored?
Chicken will see you in his office.
Posted on 5/12/26 at 12:31 pm to Undertow
quote:
No end in sight? it’s been on its last legs for a minute. It won’t be much longer.
Trump literally said the cease fire is on life support and Iran has not budged on their demands.
Posted on 5/12/26 at 12:32 pm to KingOrange
Mods on the PT are just the opposite side of the coin from Reddit
Posted on 5/12/26 at 12:33 pm to Adam Banks
quote:
Nice picture of a doctor
Posted on 5/12/26 at 12:47 pm to Adam Banks
quote:
How did this get anchored?
Maybe because it's disingenuous when the full scope of secondary and tertiary issues are omitted?
quote:
Friggin censorship
Welcome to tPT.
Posted on 5/12/26 at 12:55 pm to Undertow
quote:
ikely subside after the conflict
Which will be... when?
Posted on 5/12/26 at 1:03 pm to TigerAxeOK
quote:
Maybe because it's disingenuous when the full scope of secondary and tertiary issues are omitted?
Is the CPI the highest since 2023?
If there’s an abundance of mitigating factors then how about you discuss them in the replies
Posted on 5/12/26 at 1:47 pm to Adam Banks
quote:
Trump literally said the cease fire is on life support and Iran has not budged on their demands.
And?
Posted on 5/12/26 at 3:25 pm to Undertow
quote:
And?
Doesn’t sound like a war on its last legs
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