On heels of bank failures, new data shows inflation remains uncomfortably high
CPI: +6% y/y
Electricity: +12.9%
Natural Gas: +14.3%
Groceries: +10.2%
Chicken +8.8%
Milk: +8.1%
Eggs: +55.4%
Bread: +15.8%
Baby Food: +9.8%
Airline Fares: +26.5%
Real Average Hourly Wages: -1.3%
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What's the purpose of "Shrinkflation?" #inflationrate #Inflation #inflation2023 #shrinkflation
https://youtu.be/pCdogJL0bL0
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