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Thread: June at 3%
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Old 07-13-2023, 11:59 AM
Nighmom Nighmom is offline
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Default Inflation Rate

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.
Unfortunately, that 3% is on top of a higher cost of living.