Posted by Sam Fenny - Memes and headline comments by David Icke Posted on 14 April 2022

“Extraordinary” — US Consumer Prices Soar At Fastest In Over 40 Years

Having warned the world to expect “extraordinarily elevated” levels of inflation due to “Putin’s Price Hike,” the White House is likely in shock this morning as headline CPI rose 1.2% in March (vs +1.2% MoM) which sent the headline CPI up a shocking 8.5% YoY (vs +8.4% YoY exp and +7.9% prior) – the highest since 1981.

The 1.2% MoM rise is the biggest since Sept 2005 and CPI has risen for 22 straight months, but we note that goods inflation actually fell on a MoM basis (while energy soared)…

However, Core CPI (ex food and energy) rose just 0.3% MoM (below the +0.5% expected) and was up 6.5% YoY (above Feb’s 6.4% but below the +6.6% exp).

The shelter index was by far the biggest factor in the increase, with a broad set of other indexes also contributing, including those for airline fares, household furnishings and operations, medical care, and motor vehicle insurance.

In contrast, the index for used cars and trucks fell 3.8 percent over the month.

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