From thye U.S. Bureau of Labor Statistics:
CPI for all items rises 1.0% in May; shelter, gasoline, food indexes rise
06/10/2022
In May, the Consumer Price Index for All Urban Consumers rose 1.0 percent, seasonally adjusted, and rose 8.6 percent over the last 12 months, not seasonally adjusted.
The index for all items less food and energy increased 0.6 percent in May (SA); up 6.0 percent over the year (NSA).
Wheeeee!
I heard it’s Putins price hike.
Glad we got to the bottom of that.
Multiply those ridiculous government numbers by 3 and that is reality.
Gas $7.00 in August.
The ruble has done VERY nicely lately. The sanctions are hurting whom exactly?
Hit the 6m time frame button:
https://wise.com/us/currency-converter/rub-to-usd-rate#rate-alerts