HT: Honey_Bee
Putin's been very busy beginning in January 2021:
Consumer prices up 7.5 percent over year ended January 2022 : The Economics Daily: U.S. Bureau of Labor Statistics (bls.gov)
Consumer prices up 7.5 percent over year ended January 2022FEBRUARY 16, 2022
Over the 12 months from January 2021 to January 2022, the Consumer Price Index for All Urban Consumers (CPI-U) rose 7.5 percent. This is the largest 12-month increase since the 12-month period ending February 1982. Food prices increased 7.0 percent over the past year, while energy prices rose 27.0 percent.
Prices for food at home rose 7.4 percent over the last 12 months. All of the six major grocery store food groups increased over the period. By far the largest increase was that of meats, poultry, fish, and eggs, which rose 12.2 percent over the year. Prices for dairy and related products increased 3.1 percent, the smallest 12-month increase among in the food at home category.
Prices for food away from home rose 6.4 percent over the last year, the largest 12-month increase since January 1982.
Within the energy category, gasoline prices rose 40.0 percent over the last year, despite declining in January. Prices for natural gas rose 23.9 percent over the last 12 months, and prices for electricity rose 10.7 percent.
Prices for all items less food and energy index rose 6.0 percent, the largest 12-month change since the period ending August 1982. Within this grouping, prices for shelter increased 4.4 percent over the past year, prices for medical care services were up 2.7 percent, while prices for transportation services increased 5.6 percent.
(TO SEE AN AMAZING CHART, GO HERE): Consumer prices up 7.5 percent over year ended January 2022 : The Economics Daily: U.S. Bureau of Labor Statistics (bls.gov) |
