Wednesday, July 19, 2023

US Core Inflation Rate v CPI

 US Core Inflation increased dramatically in 2021, due to government limiting energy production to support the electric car debokle caused by the climate change hoax.

Year   %Core Rate

2023   5.5 est

2022   5.7

2021   5.5

2020  1.6

2019  2.3

2018  2.2

2017  1.8

2016  2.2

2015  2.1

2014  1.6

2013  1.7

https://www.usinflationcalculator.com/inflation/current-inflation-rates/

The Core% is closest to the real cost of living in the US. The CPI measures a fraction of real inflation.

Month  Core%  CPI%

2023       5.5 est

June       4.8     0.2

May        5.3     0.1

Apr         5.5     0.4

Mar        5.6     0.1

Feb        5.5     0.4

Jan        5.6     0.5

 

2022   Core% CPI%

Dec       5.7     0.1

Nov       6.0     0.2

Oct        6.3     0.5

Sep       6.6     0.4

Aug       6.3     0.2

Jul        5.9      0.0

Jun       9.1     1.2

May      8.6

Apr       8.3

Mar      8.5

Feb      7.9

Jan      7.5

 

2021    Core% 

Dec       7.0

Nov       6.8

Oct        6.2

Sep       5.4

Aug       5.3

Jul        5.3

Jun       5.3

May      5.0

Apr       5.2

Mar      2.6

Feb      1.7

Jan      1.4

 

2020    Core%

Dec      1.6

Nov      1.2

Oct       1.6

Sep      1.2

Aug      1.3

Jul        1.0

Jun       0.6

May      0.1

Apr       0.3

Mar      1.5

Feb      1.4

Jan       25

 

https://www.bls.gov/news.release/pdf/cpi.pdf

https://tradingeconomics.com/united-states/core-inflation-rate

Comments

In 2021 Core inflation rose from 1.4% to 7% due to Biden’s war on coal, oil and gas.

Norb Leahy, Dunwoody GA Tea Party Leader

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