Talk of The Villages Florida - View Single Post - June at 3%
Thread: June at 3%
View Single Post
 
Old 07-12-2023, 05:16 PM
oldtimes oldtimes is offline
Gold member
Join Date: Nov 2018
Posts: 1,047
Thanks: 159
Thanked 1,446 Times in 528 Posts
Default

Quote:
Originally Posted by OrangeBlossomBaby View Post
Inflation was as high as 9.1% nationwide a year ago. We were still recovering from global shut-downs post-pandemic, restoring jobs lost, getting manufacturers back on track, and a bunch of other stuff that's political so I won't detail it here but - politics certainly played some part.

The good news, is that the inflation rate has been in decline for the past 12 months, consecutively, and hit 3% as of the end of June.
So we should be happy prices are still going up but just not as much?