Tag: Consumer Prices

Consumer Prices Inflation High Oil Prices Economic Common Sense Price Ceiling Macro

Why Does Everything But My Salary Go Up? The Secret Behind the 3% Inflation Surge After 26 Months

An easy-to-understand explanation of the causes behind the recent consumer price index surge, which broke 3.1% to hit a 26-month high, and the impact of the high oil price shock.

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Consumer Prices Inflation Middle East War Rising Oil Prices Economic Indicators Macro

Why It's Scary to Visit the Gas Station These Days: The Real Reason Inflation Soared Back to the 3% Range

In May, the consumer price inflation rate hit 3.1%, reaching its highest level in 2 years and 2 months. We break down the impact of the Middle East war and the surge in oil prices on our wallets.

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