Markets Crash After Inflation Rate Comes in Hot – Core CPI Surges to 6.6% the Highest Rate Since 1982 – Real Wages Declined for Record 18 Months!

Elections have consequences. Stolen elections have catastrophic consequences.

The September inflation rate came in hotter than expected on Thursday at 8.2%.
The Core CPI surged to 6.6% – the highest rate since 1982.

Stocks plunged 500 points on the news.

These numbers are devastating for low and middle-class working Americans.

Via Jackie Kotkiewicz.

Overall CPI: +8.2% y/y
Core CPI: +6.6%
Gas: +18.2%
Fuel Oil: +58.1%
Electricity: +15.5%
Groceries: +13%
Meat, Poultry, & Fish: +7.7%
Milk: +15.2%
Eggs: +30.5%
Baby Food: +11.8%
Airline Fares: +42.9%
Real Average Hourly Earnings: -3%

Check this out — Real wages under Joe Biden have declined for a record 18 months. That is catastrophic!

What a disaster!

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

 

Thanks for sharing!