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   toussaint (toussaint@newsie.social)'s status on Thursday, 13-Jun-2024 22:47:56 JST toussaint

   the main reason consumer prices went down .1% last month is because of the 5% drop in oil prices. i think this will be short lived since it is the start of summer driving season and oil is already up 5% in June. Also, shelter prices continue to rise
   #bidenomics https://tradingeconomics.com/commodity/crude-oil

   • Paul Cantrell repeated this.
   • Embed this notice
     toussaint (toussaint@newsie.social)'s status on Thursday, 13-Jun-2024 22:47:56 JST toussaint

     in reply to

     "Since the beginning of 2020, grocery prices have risen 25%, significantly higher than wages."
     #bidenomics https://prospect.org/economy/2024-06-12-war-in-the-aisles/