June Inflation Hits 9.1% Leaving Consumers to Wonder – When Will This End?
Another month of surging prices has some economists worried about an impending recession.
June’s inflation report shows overall consumer prices rose 9.1 percent higher compared to a year ago. That’s the highest inflation rate increase since December of 1981, another multi-decade record.
Meanwhile, the White House maintains that data is out-of-date, calling it “backward-looking data” while pointing to a recent 40-cent drop in the national average for a gallon of gas.
Read the full story from CBN’s Brody Carter:
https://www1.cbn.com/cbnnews/us/2022/july/june-inflation-hits-9-1-leaving-consumers-to-wonder-when-will-this-end
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