The October inflation numbers were released on Thursday. Inflation rose in October by 6.2% over last year.
This is the highest inflation number in 31 years!
BREAKING: U.S. inflation was up 6.2% in October over a year ago. That’s the highest inflation in 31 years.
Inflation was up 0.9% in Oct. alone, a much higher increase than 0.4% in Sept. and 0.3% in August.
Prices are rising for food, energy, shelter, used cars and new cars.
— Heather Long (@byHeatherLong) November 10, 2021
This was the worst jump in decades.
The Biden Inflation Surge.
NOT transitory & the worst jump in decades.
In a separate report, Labor Dept shows real wages decline 0.5% in just one month (Sep to Oct) as pay can’t keep up with prices vaulting higher. pic.twitter.com/XdnF6kSqJt
— Steve Cortes (@CortesSteve) November 10, 2021
Thanks Democrats. Thanks Joe Biden.
Global rates.
FOX Business weighed in on the shocking numbers.
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