July 14, 2021 | Rapid Response | RNC Communications

3 months, 3 record Biden price increases

Rapid Response

For a third month in a row on Biden’s watch, producer prices spiked at the highest pace on record according to new data from the Labor Department.

  • In April, it rose by 6.2% on an annual basis, the highest jump ever recorded at the time.
  • In May, it was 6.6%, the highest jump ever recorded at the time.
  • In June, it is was 7.3%, the new highest jump ever recorded.

7.3 PERCENT! This comes a day after consumer prices rose by 5.4% annually, the highest pace in 13 years, and core consumer prices, which removes energy and food prices, rose at the highest pace since 1991.

And how does this impact you? Higher prices for “virtually every aspect of American life.”

Biden’s hidden tax of rising prices keeps getting more expensive. And who’s paying that tax? ALL Americans.