Inflation Pops Upward, Driven by Gasoline

gas pump
Inflation is experienced at the gas pump and in the grocery store.

Although it should come as no surprise to those of us who are paying 50 to 60 cents more for a gallon of gas than we did in July, the August CPI jumped 0.6 percent, the highest since June 2022.

At least we are not in Argentina where inflation is expected to hit 12 percent this month and is in excess of 110% annually.

Published 9/13/2023. View full article.