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Vegas News, Alerts, ePaper

LETTER: Inflation is going down?

As I look at the rate of inflation month by month, year over year, from February 2017 through January 2021, it appears to never have surpassed 2.6 percent. As I look at the same data since then, it appears to never have been less than 2.7 percent and often has been three times higher.

Locally, we’ve seen gasoline at $5.25 compared to $2.39 back then, and eggs are now $7 a dozen compared to $ 1.29.

We have certain politicians in Washington telling us that last month’s inflation rate of 6.5 percent means it’s going down. Hello?

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