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Economy — Opinion

Americans Make Lifestyle Sacrifices As Bidenflation Holds At 12.6%

The official CPI reported by BLS is 8.5% for July 2022. Compare this to the TIPP CPI of 12.6%, a 4.1-point difference. Prices have increased by 12.6% since President Biden took office.

,   and  tippinsights Editorial Board
4 min read
A woman picks food in a fresh market on July 26, 2022 in New York.
NEW YORK - JULY 26: A woman picks food in a fresh market on July 26, 2022 in New York. Food prices in the New York area have jumped more than 9% in the last year, is the steepest in the last 40 years, according to the BLS. Inflation is hitting poor and working-class New Yorkers, immigrants and the food pantries that support them. (Photo by John Smith/VIEWpress)

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