Biden's "Red Hot" Inflation: Goods inflation up 1.2% in just one month (Christmas, economy)

[lovecrowds]

Wow, seems like the Goods inflation is starting back up again.

1.2% increase in Goods Inflation in just one month.

Seems like they just printed so much money and the government spends so much in deficit spending, that the economy just continues to overheat.

I never trust the "Service" inflation numbers because those are made up out of thin air, how does the government know what warehousing costs are and why would they go down?

There are tens of thousands of news reports on the low warehouse vacancy rates.

https://www.bls.gov/news.release/ppi.nr0.htm

[DannyHobkins]

They passed large spending right before Christmas. Its all back.

[mirage98de]

It can’t keep going on like this, people will eventually be going broke just trying to survive.

It is taking far longer than I ever imagined to get to that point.

[FordBronco1967]

"Inflation has been going down every month" - President Biden

Stop gaslighting the American public, Mr. President. Stop openly flipping us off, Mr. President.

[cowboyxjon]

I thought that climate bill, er, I mean that Inflation Reduction Act, was going to solve this issue?