How’s It Going? Trump on 8/9/2024: “Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.”
Here’s a visual sit-rep on prices for Americans.
It is interesting that the AIER’s Everyday Price Index, aimed at measuring the costs of nondeferrable expenses – has risen faster than the CPI .
The USDA Economic Research Service does not project a decline in food at home (aka groceries) prices.
Since Figure 2 is drawn with a vertical log scale, the steepening trajectories indicate upward revisions in the trajectory of prices.
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