iuvmpress.news
Tuesday, January 31, 2023
  • Home
  • MIDDLE EAST
  • ASIA
  • EUROPE
  • AMERICAS
    • The Latin America
    • The North America
  • AFRICA
  • Article
  • GRAPHICS
  • Video
AR
Fa
RU
He
No Result
View All Result
  • Home
  • MIDDLE EAST
  • ASIA
  • EUROPE
  • AMERICAS
    • The Latin America
    • The North America
  • AFRICA
  • Article
  • GRAPHICS
  • Video
No Result
View All Result
iuvmpress.news
No Result
View All Result

The continuation of inflation in America

October 17, 2022
in The North America
0
0
SHARES
53
VIEWS

Inflation continues in the United States, and last month (August) Americans saw an unexpected increase in prices of consumer goods and services, with rents and groceries.

According to aaa, the U.S. Labor Department announced Tuesday, local time, that the consumer price index rose 0.1 percent last month (August) after remaining stable in July. Meanwhile, economists had predicted that this index would decline by 0.1 percent. In the 12 months ending August, the consumer price index rose 8.3 percent, according to the report. The annual index reached 9.1 percent in June, the largest increase since November 1981. Despite falling gasoline prices, U.S. spending on rent and food continues to rise, convincing the Federal Reserve to move to raise interest rates again. U.S. inflation has risen at nearly the fastest pace in 40 years this year, leading to skyrocketing consumer spending and higher costs for food, rent, medical care and other essentials, putting catastrophic pressure on low-income segments. Meanwhile, according to a Goldman Sachs survey of more than 1,500 small businesses by Goldman Sachs 10,000 Small Business Voices, 97 percent of small business owners say inflationary pressure is similar or worse than three months ago. In addition, 65 percent of them have raised prices to compensate for higher costs, and 38 percent say they have seen a drop in demand from their customers due to higher prices. Inflation and economic pressure on the American people come as Joe Biden’s administration has contributed about $15.2 billion to Ukraine since the beginning of the war in Ukraine.

RELATED POSTS

Trump: I trust Putin more than sleazy intelligence agents

Some Republicans oppose Ilhan Omar’s presence in Congress

Short Link :
copied
Tags: Americainflation

Related Posts

Trump effect to ripple through US midterms
The North America

Trump: I trust Putin more than sleazy intelligence agents

January 31, 2023
23
Some Republicans oppose Ilhan Omar’s presence in Congress
The North America

Some Republicans oppose Ilhan Omar’s presence in Congress

January 31, 2023
23
Ukraine crisis, will there be a change of course by the USA?
The North America

Ukraine crisis, will there be a change of course by the USA?

January 31, 2023
25
President Biden resumes vacation while financial crises rage at home
Article

President Biden resumes vacation while financial crises rage at home

January 30, 2023
23
iuvmpress.news

We live in an era of overloaded information, but too little truth. IUVMPRES is an independent news agency whose journalists are sincerely dedicated to defend freedom of press and expand public access to reliable information. Moreover, IUVM’s primary objective is to motivate free thought, promote social justice and liberty across the globe.
Funding for IUVMPRESS comes from site advertising, individual donors and NGOs

Recent Posts

  • Jets in Ukraine? Germany: “We don’t want a NATO-Russia war”
  • Stop Sweden’s NATO accession process after desecration of the Koran
  • Zelensky is no longer satisfied, now he wants submarines
  • Trump: I trust Putin more than sleazy intelligence agents

Search

No Result
View All Result

© 2022 IUVM Press - Media Corporation

  • Home
  • MIDDLE EAST
  • ASIA
  • EUROPE
  • AMERICAS
  • AFRICA
  • Article
  • GRAPHICS
  • Video
  • Home
  • AFRICA
  • Article
  • ASIA
  • EUROPE
  • AMERICAS
  • GRAPHICS
  • Politics
  • Video
  • FA
  • AR
  • RU
  • HE

We live in an era of overloaded information, but too little truth. IUVMPRES is an independent news agency whose journalists are sincerely dedicated to defend freedom of press and expand public access to reliable information. Moreover, IUVM’s primary objective is to motivate free thought, promote social justice and liberty across the globe. Funding for IUVMPRESS comes from site advertising, individual donors and NGOs.