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Core CPI

Inflation Spiked 9.1% in June Exceeding Forecasts; Risk of Recession Grows

July 13, 2022 by Ted Leave a Comment

Grocery shopper, groceries have seen big price increases

The U.S. Bureau of Labor Statistics announced Wednesday that inflation in June came in at a surprising rate of 9.1%, clearly demonstrating that – in contrast to what many economists had hoped – inflation had not yet peaked in May. This news raises the risk of an approaching economic disruption…a recession.

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Filed Under: Economic Trends, News Tagged With: Core CPI, CPI, inflation, recession

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A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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