March 12 2024

The new Consumer Price Index data shows Joe Biden lied in his State of the Union when he said "inflation keeps coming down."

 

Since 2021, prices have risen 18.6%. The annual cost to families from Biden's inflation is now $12,000. Just look at eggs, which are up 49% since Joe Biden took office.

 

Wages are also not keeping pace with inflation. Real average weekly wages are down 4.2% under Biden.  They rose 8.2% under President Trump. 

 

 

AREACHANGE SINCE JAN 2021
Food at elementary and secondary schools65.0%
Fuel oil62.9%
Other motor fuels53.2%
Margarine53.2%
Eggs49.0%
Frozen noncarbonated juices and drinks47.9%
Fuel oil and other fuels46.4%
Motor vehicle insurance46.2%
Admission to sporting events43.3%
Other fats and oils including peanut butter40.7%
Other lodging away from home including hotels and motels40.0%
Energy commodities39.4%
Motor fuel38.9%
Gasoline, unleaded regular38.9%
Gasoline, unleaded midgrade38.9%
Gasoline (all types)38.8%
Gasoline, unleaded premium38.7%
Crackers, bread, and cracker products38.1%
Fats and oils37.1%
Motor vehicle repair36.4%
Butter and margarine35.5%
Transportation services35.2%
Lodging away from home35.1%
Energy34.6%
Flour and prepared flour mixes33.8%
Salad dressing32.3%
Frozen and refrigerated bakery products, pies, tarts, turnovers32.1%
Airline fares31.4%
Food from vending machines and mobile vendors31.1%
Other bakery products30.8%
Sugar and sugar substitutes30.1%
Delivery services30.0%
Utility (piped) gas service30.0%
Tax return preparation and other accounting fees29.9%
Baby food and formula29.6%
Uncooked beef roasts29.0%
Energy services28.9%
Butter28.4%
Electricity28.4%
Cookies28.3%
Frozen vegetables28.2%
Olives, pickles, relishes28.1%
Motor vehicle maintenance and repair28.0%
Admissions27.5%
Sauces and gravies27.4%
Bakery products27.3%
Other condiments27.0%
Cakes, cupcakes, and cookies26.8%
Motor vehicle body work26.8%
Food at employee sites and schools26.4%
Canned fruits and vegetables26.2%
Canned vegetables26.2%
Soups26.1%
Cereals and bakery products
Back to News