Wednesday, May 12, 2021

Inflation numbers

Brad Smith posted on Facebook:
Inflation over last 12 months: 4.2%, highest year over year rate since September 2008. Inflation in March: 0.9%, highest since April 1982 (note a monthly rate of 0.9% is 10.8% annualized). Avg. price gallon of regular gas: $2.99, highest since November 2014. Used Car prices: up 12.4% in last year. New car prices up 7.0%. Median home price: up 18.4% over year. April jobs report: 266,000 new jobs, vs. predicted 1 million. Stagflation, anyone?
https://www.facebook.com/brad.smith.96387189/posts/10100888943048349 via Glenn Reynolds

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