In August, the US Experienced its 27th Straight Month of Rising Inflation

by Shane Trejo, Big League Politics:

With headline CPI increasing by 0.1% on a month-over-month basis, this marks the 27th straight month of increasing inflation. One of the most notable increases was in the energy index, which increased 23.8% for the 12 months ending in August. Even more shocking were the food index figures which grew 11.4% over the last year. This is the largest 12-month increase since May 1979.


Similarly, the food at home index grew 13.5%, which represented the 12-month increase since the timeframe that ended March 1979.

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