General Discussion

Cattledog

(6,664 posts) Sat Jul 28, 2018, 11:46 AM Jul 2018

Consumer prices increased 2.9% in June.

Largest increase since 2012.

10 replies

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Consumer prices increased 2.9% in June. (Original Post) Cattledog Jul 2018 OP

Charming Sherman A1 Jul 2018 #1

Hunch says July numbers are going to be Brutal! Wellstone ruled Jul 2018 #2

NO WAY - Laf.La.Dem. Jul 2018 #3

And wages are down in Q1 and Q2 donkeypoofed Jul 2018 #4

we will see 4-5% inflation if the govt admits it. Watch what the Fed does and watch what your beachbum bob Jul 2018 #5

What happened in 2012? fescuerescue Jul 2018 #6

The tariffs are the catalyst. roamer65 Jul 2018 #7

Remember the term Stagflation that hasn't been uttered much? Blue_true Jul 2018 #8

In 2012 gas prices reached high of $3.60/gallon due to hurricanes, supply and Mid East tensions wishstar Jul 2018 #9

Won't hear Donny touting THAT number. Totally Tunsie Jul 2018 #10

Sherman A1

(38,958 posts)

1. Charming

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 11:48 AM

Jul 2018

one wonders just if the wage growth matched that? Oh, wait........

Wellstone ruled

(34,661 posts)

2. Hunch says July numbers are going to be Brutal!

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 11:57 AM

Jul 2018

Laf.La.Dem.

(2,977 posts)

3. NO WAY -

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 11:59 AM

Jul 2018

All companies are passing on their TAX SAVINGS - SO - consumer prices are DOWN!!

donkeypoofed

(2,188 posts)

4. And wages are down in Q1 and Q2

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 12:01 PM

Jul 2018

So much winning!!

beachbum bob

(10,437 posts)

5. we will see 4-5% inflation if the govt admits it. Watch what the Fed does and watch what your

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 12:10 PM

Jul 2018

checking account does.

fescuerescue

(4,475 posts)

6. What happened in 2012?

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 05:21 PM

Jul 2018

I'm searching my memory and trying to remember why 2012 would stand out as the largest.

roamer65

(37,965 posts)

7. The tariffs are the catalyst.

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 05:23 PM

Jul 2018

Get ready for it.

A double whammy... raw price inflation from the tariff and even more inflation from domestic scarcity of certain goods.

Blue_true

(31,261 posts)

8. Remember the term Stagflation that hasn't been uttered much?

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 06:08 PM

Jul 2018

Well, get ready to hear it.

wishstar

(5,834 posts)

9. In 2012 gas prices reached high of $3.60/gallon due to hurricanes, supply and Mid East tensions

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 06:13 PM

Jul 2018

so the high cost of energy that year affected inflation rate.

Totally Tunsie

(11,954 posts)

10. Won't hear Donny touting THAT number.

Reply to Cattledog (Original post)

Sat Jul 28, 2018, 06:15 PM

Jul 2018

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