{"id":1846265,"date":"2023-02-14T10:05:49","date_gmt":"2023-02-14T15:05:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1846265"},"modified":"2023-02-14T10:11:00","modified_gmt":"2023-02-14T15:11:00","slug":"bidenflation-rises-more-than-expected-in-january","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidenflation-rises-more-than-expected-in-january\/","title":{"rendered":"Bidenflation Rises More Than Expected in January"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbidenflation-rises-more-than-expected-in-january%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1846265&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/02\/content_test-1.jpeg\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p>January\u2019s inflation numbers are in, and they indicate that any optimism about Bidenflation showing down is going to be short lived.<\/p>\n<p>According to <a href=\"https:\/\/www.cnbc.com\/2023\/02\/14\/consumer-price-index-january-2023-.html\">CNBC<\/a>:<br \/>\u00a0<\/p>\n<p>To begin 2023, inflation was higher as consumers suffered from rising fuel and shelter prices.<\/p>\n<p>The consumer price index measures a broad range of common goods and services. It increased 0.5% in January to 6.4%. Dow Jones polled economists looking for increases of 0.4% or 6.2%.<\/p>\n<p>According to the Bureau of Labor Statistics, about half of the monthly rise in housing costs was due to rising shelter costs. The major contributor was also energy.<\/p>\n<p>According to a separate BLS report, the average hourly earnings decreased by 0.2% and were 1.8% lower than a year ago.<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">January a.href=&#8221;https:\/\/twitter.com\/hashtag\/inflation?src=hash&#038;ref_src=twsrc%5Etfw&#8221;>#inflation<\/a> report:<br \/>Inflation \ud83d\udd3a 6.4% year over year<br \/>Shelter \ud83d\udd3a7.9%<br \/>Groceries \ud83d\udd3a 11.3%<br \/>Flour \ud83d\udd3a29.4%<br \/>Bread \ud83d\udd3a14.9%<br \/>Chicken \ud83d\udd3a 10.5%<br \/>Eggs \ud83d\udd3a70%<br \/>Milk \ud83d\udd3a11%<br \/>Fuel oil \ud83d\udd3a 27.7%<\/p>\n<p>These numbers could be attributed to falling prices being claimed by the claiming of credit.<a href=\"https:\/\/twitter.com\/IWF?ref_src=twsrc%5Etfw\">@iwf<\/a><\/p>\n<p>\u2014 Patrice Lee Onwuka \ud83c\uddeb\ud83c\uddf0\ud83c\uddfa\ud83c\uddf8 (@PatricePinkFile) <a href=\"https:\/\/twitter.com\/PatricePinkFile\/status\/1625494897561321473?ref_src=twsrc%5Etfw\">February 14, 2023<\/a><\/p><\/blockquote>\n<p> Although inflation is down from its highs of last year&#8217;s four decades, this report shows that there is a possibility for a reacceleration. Jason Furman, an ex-Obama economist, noticed the same thing when he reacted to the numbers on CNBC. &#8220;Nothing in this number gives me comfort,\u201d and that there\u2019s no way inflation could come down below 3% without a recession. \u201cThis inflation issue is real. I don\u2019t think it is going away anytime soon, and I think anyone who is overly calm about it is making me nervous.\u201d<\/p>\n<p>Matt Palumbo is the author of <a href=\"https:\/\/www.amazon.com\/dp\/1637588208\">Fact-Checking the Fact-Checkers: How the Left Hijacked and Weaponized the Fact-Checking Industry<\/a> and <a href=\"https:\/\/posthillpress.com\/book\/man-behind-the-curtain-inside-the-secret-network-of-george-soros\">The Man Behind the Curtain: Inside the Secret Network for George Soros<\/a><\/p>\n<hr \/>\n<p>Don&#8217;t miss Dan Bongino&#8217;s Show<\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>January\u2019s inflation numbers are in, and they indicate that any optimism about Bidenflation showing down is going to be short lived. According to CNBC:\u00a0 To begin 2023, inflation was higher as consumers suffered from rising fuel and shelter prices. The consumer price index measures a broad range of common goods and services. It increased 0.5% &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1846268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[11402,4183,3780,12396],"class_list":["post-1846265","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bidenflation","tag-expected","tag-january","tag-rises"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1846265","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1846265"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1846265\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1846268"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1846265"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1846265"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1846265"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}