It sure seems like everything is going up in price, doesn’t it? Everything, well, except for silver, that is, which is down approximately five percent, year-to-date. In fact, just today, the US Government’s official Consumer Price Index was released for December 2020, and the numbers are starting to show what many people have been feeling all along: Rising prices.
Here are just a few of the highlights from today’s inflation report:
- Food prices have risen 3.9% over the past year.
- Used car and truck prices have risen 10% over the past year.
- Gasoline prices have risen over 12% in just the last month.