Author Topic: Consumer prices rise at highest annual rate since 2012  (Read 176 times)

littleman

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Consumer prices rise at highest annual rate since 2012
« on: July 15, 2018, 10:07:57 PM »
Quote
Consumer prices rose 2.9 percent in the year since June 2017, a five-year high, while hourly wages fell 0.2 percent in the same period, according to federal data released Thursday.

So, a net burden of 3.1% for the wage employee.  It will be interesting to see how things shake out in the next 6 months.

http://thehill.com/policy/finance/396662-consumer-prices-rise-at-highest-annual-rate-since-2012