US Consumer Price Index rises 3.8% in April
Trump's war is driving up inflation: The consumer price index rose at a 3.8% annual pace in the year ending in April, up from 3.3% in March and 2.4% in February.
AltSpaceForce 🚀🇺🇲11The April CPI data shows a sharp 3.8% jump. With 2026 wage growth stalled at 3.5%, workers face a -0.3% loss in purchasing power. This spike since February confirms that the cost of living is officially outstripping income, eroding the value of every dollar earned.
Larry “I Mostly Just Reply So Read’em” Alberts5Upcoming...Kevin Hassett on Fox talking about how egg prices have come down.
kenaiseasky.bsky.social3Dear wapo.. Trump’s War www.washingtonpost.com/business/202...
Chris Neyland2It’s going to be over 4% and maybe even 5% ending in May. Because Dear Leader is a fucking idiot. And so is everyone who voted for him.
Trump’s war in Iran is hitting Americans hard. Prices at the checkout shot up to the highest level since May 2023, now outstripping wage growth. Trump is making everyone poorer.
Mark Chadbourn64*price rises at the checkout.
His Grace, the Duke of Ankh, CDR Sir Samuel Vimes8Pretty sure “making everyone poorer” was all part of the plan.
Clay Griffith5A small price to pay to keep Iran from dropping a nuclear bomb on us that they apparently had been planning to do for 47 years but hadn't gotten around to yet.
Bong Voyage3Literally both tariffs and the Iran war, voluntary asshole things he chose to do, are almost the entire driver behind this inflation. It is supply-driven, and regressive in nature. Every negative impact of the current economy is borne by the working class and poor.
hornist24.bsky.social3Tice wasn't having it was he. He stated that prices had fallen since the start of his master, Trump's, illegal war in Iran. Like his boss, Farage, Tice fancies a few crumbs from Trump's table once a Reform far-right Farage led administration is in power.
“.. With headline inflation coming it at +3.8% y/y in April, that means real average hourly earnings growth (adjusted for CPI) slipped into negative territory for the first time since April 2023.” - Schwab
meigloo.bsky.social9let us remember Hormuz is still closed.
tigger0047.bsky.social5Right on par with Republican policies...Hurt economy that Democrats fixed by blaming Democrats for the current mess...The Trump Cult is the party of don't believe your own eyes and ears
Lou Mannheim5Core CPI was up 2.8%. The big jump seemed to be in shelter. (see red circle). That seems odd.
mark4say "recession" say it because THAT WHAT THIS IS
Breaking News: U.S. inflation shot up to a 3.8% annual rate in April, as the war in Iran raised energy prices and costs across the country.
Art Martin31who started the war with Iran? that is absent from this post. In fact--no mention of Trump at all. quite the contrast to how the NYT reported on inflation under Biden...remember this one? www.nytimes.com/2024/10/31/b...
judinthepines.bsky.social14And WHO precisely is responsible for the war with Iran?
Mel8Mismanagement by a corrupt, incompetent administration
amcarbone6It’s so bad that even the complicit NYT can’t ignore what Trump’s war is doing.
blackbirdchi.bsky.social5Interesting how you omit Trump’s name or pic from this given how NYT would slap Biden’s pic on any any bad news. Here’s another moment the paper ignored. Why is that? bsky.app/profile/thet...
clnzjay 🌱 🐶 🇨🇦4Who could have seen that coming—literally everyone outside of Trump’s corrupt circle of incompetents. Let’s see how he spins—start or escalate a crisis to deflect.
NanC Lo3Yep, and wages are NOT keeping up with the Trump made inflation, not to mention future historic deficits which we will be required to make sacrifices to pay while Trump continues to extort money and steal resources.
Elon Putz 🇨🇦🏴☠️3"Please sir, no more winning"
Josh2now seems like a good time to spend $1 billion dollars on a ballrooom.
Central Michigan Maverick2Almost everything Trump has done has made our lives worse and more expensive.
Digger Schmusekater 🥘 🐈💨🍃2now seems like a good time to spend $1 billion dollars on a golden statue.
Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago. n.pr/42uYCuY
Barry Hochberg6No surprise here. But I wonder how the administration can blame this on Biden - or Obama!
Una Bella Niente4Gas prices are most certainly not an average of $2.50/gallon. It's more like $4.50. That source was intentionally misleading, and that's really disappointing coming from NPR.
Craig Steven2It’s the price we pay for keeping Iran from developing a nuclear bomb they weren’t anywhere near capable of producing, right?
americanpatriot.bsky.social2Republicans are never good for America. Only good for the oligarchs. Democrats as always are gonna have to fix the GOP dumpster fires.
NEW: US CPI inflation rose to 3.8% year-on-year in data released this morning, hitting the highest level since 2023 while increasing 0.6% month-on-month Core CPI inflation rose to 2.8% year-on-year, increasing 0.4% month-on-month
Invalid Handel4Republicans create inflation Democrats fix it, but not fast enough We re-elect the SAME Republicans, who create inflation again Our nation’s idiots and assholes are going to kill us all
Eboneezer Goode - FDT - Trump Broke America.3There's no fucking way it only rose 3.8%. Trump is having them cook the books. Because my fucking grocery bill is up like 50% over last year and all my bills have gone up like 10-20%. The government is LYING about the economy.
NEW: Inflation soared to a nearly three-year high in April in the clearest sign yet of the Iran war's wide-ranging economic fallout.
Clix2The talking heads on Fox News keep saying that it's going down, though. This administration lives in an alternate reality.
saw this coming the minute we started funneling billions into another war. my herb garden costs more to water and my gas bill is a joke. but hey, who's counting when the military-industrial complex needs fresh toys? you growing anything this season to offset the prices?
