BIDEN’S ECONOMY: Another Key Inflation Indicator Highest In 40 Years But Don’t Worry – Biden Says Food Prices Have Barely Gone Up
Another inflation measurement has reached its highest level in decades, since the early 1980’s. However, not to worry, the Biden gang claims food prices have not gone up.
FOX News reports that inflation is sky high under Biden as another measurement shows.
A key inflation gauge reached its highest level since 1983, the Commerce Department reported Friday.
The core Personal Consumption Expenditures (PCE) price index, which excludes food and energy prices, grew 4.9% on a year-over-year basis as of December 2021, slightly ahead of the 4.8% Dow Jones estimate and ahead of the 4.7% figure in November, the Commerce Department reported.
Personal income grew 0.3% in December 2021, slightly lower than experts’ 0.4% estimate,
