According to a Reuters/Ipsos poll released Friday, 82% of Americans say inflation persists under President Donald Trump — including most Republicans — with one GOP-leaning voter adding, "We are struggling."
There are Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) price index.
There’s headline CPI (everything) vs core CPI (food and fuel excluded) and they had changed which one they were reporting to the media at the start of this admin. They’re not technically lying in this case, more like moving the goalposts.
There’s no way inflation is 2% when my groceries increased 50% last year.
They stopped factoring food and fuel into the inflation rate calculations.
When? That explains a lot actually.
There are Consumer Price Index (CPI), Producer Price Index (PPI), and Personal Consumption Expenditures (PCE) price index.
There’s headline CPI (everything) vs core CPI (food and fuel excluded) and they had changed which one they were reporting to the media at the start of this admin. They’re not technically lying in this case, more like moving the goalposts.
Yes, well, but the Cybertruck is like $15-20,000 cheaper so it all averages out to 2%.
/s