June 25, 2021 | Rapid Response | RNC Communications

The price hikes just keep coming

Rapid Response

Under Joe Biden’s failed policies, the prices of everyday goods just keep going up.

Today, it was announced that the May core personal consumption expenditures price index rose 3.4% annually, the largest spike since 1992.

For those keeping track, that’s yet ANOTHER price index reaching the highest levels in decades.

  • Consumer prices surged 5% in May, the largest spike in 13 YEARS.
  • Core inflation, which excludes food and gas prices, rose at its fastest pace since 1992. That’s ALMOST 30 YEARS
  • Producer prices increased 6.6% in May on a 12-month basis, the largest spike ON RECORD.

And as the price of Biden’s hidden tax keeps going up, 83% of Americans are concerned about inflation as they are feeling the pinch in their wallets.

It’s not even tax day, but for every American, Biden’s tax bill is already coming due.