The real Biden inflation numbers

 Tipp Insights:

...

The annual CPI increase reported by BLS is 3.0% for June 2023. Compare this to the TIPP CPI of 16.0%, a 13.0-point difference. Prices have increased by 16.0% since President Biden took office. On an annualized basis, TIPP CPI is 6.6%.

Food prices increased by 18.9% under Biden compared to only 5.7% as per BLS CPI, a difference of 13.1 points.

TIPP CPI data show that Energy prices increased by 33.1%. But, according to the BLS CPI, energy prices declined by 16.7%. The difference between the two is a whopping 49.8 points.

The Core CPI is the price increase for all items, excluding food and energy. The Core TIPP CPI was 14.1% compared to 4.8% BLS CPI in the year-over-year measure, a 9.3-point difference.

Further, Gasoline prices have increased by 42.7% since President Biden took office, whereas the BLS CPI shows that gasoline price has improved by 26.5%, a difference of 69.1 points.

Used car prices have risen by 34.5% during President Biden's term. The BLS CPI shows that the prices have dropped by 5.2%, a difference of 39.6 points.
...

I think restaurant food prices have increased by nearly double since Biden took office.  Try buying a cheeseburger with fries and a soda.  The price is $10 or more now.

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