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Markets Crash After Inflation Rate Comes in Hot – Core CPI Surges to 6.6% the Highest Rate Since 1982 – Real Wages Declined for Record 18 Months!

Elections have consequences. Stolen elections have catastrophic consequences.

The September inflation rate came in hotter than expected on Thursday at 8.2%.
The Core CPI surged to 6.6% – the highest rate since 1982.

Stocks plunged 500 points on the news.

JUST IN – US inflation hits 8.2% in September — hotter than expected. Core CPI surges to 6.6%, the highest since 1982.

US futures drop after inflation data. pic.twitter.com/HOgNkaUmHt

— Disclose.tv (@disclosetv) October 13, 2022

These numbers are devastating for low and middle-class working Americans.

Inflation stays very hot. CPI Consumer prices up far above expectations and Core CPI rises to highest level in 40 years.

The Biden Inflation crisis intensifies. pic.twitter.com/NZDFm0fgkS

— Steve Cortes (@CortesSteve) October 13, 2022

Last inflation report before the midterms – 8.2% – full on disaster.

— Rob Schmitt (@SchmittNYC) October 13, 2022

Via Jackie Kotkiewicz.

Overall CPI: +8.2% y/y
Core CPI: +6.6%
Gas: +18.2%
Fuel Oil: +58.1%
Electricity: +15.5%
Groceries: +13%
Meat, Poultry, & Fish: +7.7%
Milk: +15.2%
Eggs: +30.5%
Baby Food: +11.8%
Airline Fares: +42.9%
Real Average Hourly Earnings: -3%

Check this out — Real wages under Joe Biden have declined for a record 18 months. That is catastrophic!

What a disaster!

Worst administration in history?

Real wages under Biden have declined for a record 18 months. This means that US incomes have been below inflation since the start of 2021 pic.twitter.com/TRC4aBF2QU

— zerohedge (@zerohedge) October 13, 2022

The post Markets Crash After Inflation Rate Comes in Hot – Core CPI Surges to 6.6% the Highest Rate Since 1982 – Real Wages Declined for Record 18 Months! appeared first on The Gateway Pundit.

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