Another key inflation indicator shows Joe Biden’s rising prices keep squeezing Americans’ wallets.

According to new data from the Commerce Department, the Personal Consumption Expenditures Price Index – a key measure of inflation – spiked by 4.3% in August from a year ago. The core rate – which excludes food and energy – rose 3.6% over the past 12 months.

That’s SIX STRAIGHT MONTHS of rapid inflation, the highest 12 month increase since 1991, and the fastest increase in core inflation in 30 YEARS.

Yikes…

Now, Joe Biden and the Democrats want to add fuel to this out-of-control fire with trillions of dollars in more reckless spending.

Real wages are already going down under Biden – the last thing Americans need is Biden to double down on his hidden middle class tax hike.