Rising Inflation and Household Costs in the Biden Administration

SOURCE www.breitbart.com
Inflation under the Biden administration has caused household costs to soar, including rent, electricity, and garbage collection prices. The consumer price index rose 0.4% in March compared with February, with core inflation up 3.8% from a year ago. Analysts initially thought inflation would decrease after a spike in January, but it has remained high.

Key Points

  • Consumer price index rose 0.4% in March compared with February
  • Core inflation up 3.8% from a year ago
  • Analysts initially predicted a decrease in inflation after a spike in January

Pros

  • Awareness of the impact of inflation on household costs
  • Detailed breakdown of cost increases in various categories

Cons

  • Negative impact on people's ability to afford basic necessities
  • Concerns about sustained high inflation levels