top of page
Search
  • Metro East REIA

Inflation Hits 31-Year High – How Bad is it Really?

Recently we posted new numbers form the Consumer Price Index revealing that the “all items index” rose 6.2% for the 12 months ending October – which was the largest 12-month increase since 1990. However, with that in mind, the folks over at Statista crunched the numbers to see how bad it really is, or isn’t. They calculated the average annual inflation rate over a moving three-year period, which yielded a curve that fluctuated around 2 percent for a long time, until it took off this summer. They conclude that the latest spike in consumer prices is more than just a statistical blip and should be taken seriously. Continue reading HERE...

0 views0 comments

Recent Posts

See All

It’s one of the most basic investing principles and might have been the first one you learned – it’s the “Rule of 72.” The “rule” is the classic shortcut that estimates how long it takes to double yo

A recent survey from Redfin says nearly one of every five (18%) millennials and 12% of Gen Zers believe they will never own a home. To get their data, Redfin surveyed just over 5k U.S. residents who

bottom of page