the *DON* JONES INDEX…
		GAINS POSTED in GREEN LOSSES POSTED in RED 8/27/22... 14,954.56 8/20/22... 14,962.90
	6/27/13… 15,000.00
*(THE DOW* JONES INDEX: 8/27/22… 32,283.40 ; 8/20/22… 33,706.74; 6/27/13… 15,000.00)**

LESSON for August 27, 2022 – “INFLATION ESCALATION!”

With no great surprises in Tuesday’s primaries, November’s matches are more or less settled in place – Don Joneses from sea to shining sea will cast their ballots for shiny (or somewhat slimy) candidates for Congress, (some) Senators and statehouses and a pandemical panoply of downballot offices... all of which should matter to the constituents involved and some of which (primarily Secretary of State choices and a few other offices as will have the power to determine whether entire elections are legitimate or fraudulent) may be more hotly contested than the marquee matches. (The remainder are noted as Attachment One, final tallies from New York and Florida as Attachment Two.)

Weighty issues seem to have sunk into their own blend of inertia. The plague (and monkeypox, polio, West Nile, superflu, Lyme Disease, brain eating amoebas and Jewish space lasers) are somewhat quiescent, grist for the vaxxing researchers in their laboratories and healthcare workers in the trenches. The Ukrainian war has also settled into a sort of stalemate (barring the explosion at the dysfunctional, but still dangerious, nuclear plant being used by Lootin’ Putin as a global shield), China continues to fire rockets around (but not on) Taiwan as Xi, like Putin, gratifies his ego and dreams of achieving Presidency For Life status (which dictatorial ambitions tend to backfire, as witness Saddam and Qadaffi). Terrorists are more hunted than hunters, crime is more a matter of local concern (largely in neighborhood nobody really care about), the most recent wannabe active shooters and mass murderers have been quietly foiled by the FBI and only a few rabid MAGAnauts still talk about defunding or eliminating the FBI. The Inquisition is on hiatus, Djonald Trump is preoccupied with three major state (New York, Georgia and Federal) threats and numerous minor legal mosquitoes and, just yesterday, the much-anticipated unveiling of the DOJ Mar-a-Lago affidavit proved a redacted bust, talking heads dismissing it as a “sea of black”.

So what will be the dominant issue of the midterms?

EZ breezy... it’s inflation.

Democrats will trot out promises and prognostications of better times to come, as well as the usual roster of excuses. Republicans will stand and shriek and deny the reality of the criminality of their leading lights.

Democrats will point to a lessening of pain at the pump as the price of oil falls to eighty-eight dollars per barrel and, besides, it’s the fault of those gouging Alis and Achmeds behind the counter at the local Zelmo’s and Zippo’s. Republicans will answer that prices are still exalted far beyond those of the glory days of their once and future King Trump.

Both will beg for money and selling shoddy (but not cheap) merch to the faithful... the better for which to purchase print, electronic and social media advertising (either of the bathetic or nugatory species) that will overwhelm (if not just plain disgust) the Jones family for the next ten weeks.

Yes, gas prices are down and there are bargains to be had as those thousands of cargo containers lost at sea during the supply chain crisis finally make it to port, to warehouses and, finally, to the local Target, WalMart and Kohl’s; but the cost of food, shelter and medical attention (for the time being, until President Joe’s IRA kicks in) will continue to escalate.

And there’s always the weather.

Inflation, though, remains on the minds of the Joneses, and will probably determine the course of the next two years, and the decades after. With its August report just around the corner, the genially tardy Bureau of Labor Statistics (see select items on the chart below) reported that July’s numbers were unchanged on a seasonally adjusted basis after rising 1.3 percent in June as a consequence of gas prices falling 7.7 percent to offset increases in the food and shelter indexes,resulting in the all items index being unchanged over the month.

Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.

Consequently, Pew Research asserted that “... (t)he public views inflation as the top problem facing the United States – and no other concern comes close.” (See a summary as Attachment Three, the full report with all its nifty charts and graphs here.)

Their “dirty dozen” bummer factors... broken down by the usual survey chimp chimp categories of “A Very Big Problem”, “A Moderately Big Problem”, “A Small Problem” and/or “Not a Problem At All” found that 70% of the Joneses called Inflation “very big”. A distant second was claimed by the affordability of health care (55% very big)... in and of itself a sort of sub-category of inflation (although vexing vaxxed and refusenik Americans for a long, long time, dating back to Obamacare and before.

Violent crime and the Federal budget deficits followed. Due to the “booming” economy (perhaps more a consequence of a lack of workers due to a mismatch in skills, aging out of experienced employees and the lingering Long Covid problem), the second component of the fabled Misery Index... Unemployment... bothered only 23 percent of the Joneses, finishing next to last on Pew’s list, leading only the plague itself.

How the mighty quandaries have fallen!

Although the survey was conducted in late April and early May, the war in Ukraine... fingered by many as a cause of inflation, at least for gas and, perhaps, food... was not mentioned (this week’s near Chernobyl due to the shelling of the shut down Zaporizha nuclear plant being used as an arms depot in Putin’s War could perhaps alter future Pew findings), nor were foreign affairs in their entirety.

Broken down by respondents’ political leanings, inflation remained atop the worry list although more Democrats (84% t0 57%) stated that the problem was Very Big. While it also led the list of G.O.P. concerns, Republicans... as a group... were far more inclined to practice a “don’t worry, be happy” approach to life.

“Democrats are nearly four times as likely as Republicans to rate climate change as a very big problem (63% vs. 16%). Republicans, by contrast, are far more likely than Democrats to view illegal immigration as a very big problem (65% vs. 19%).

“A much narrower majority of Democrats and Democratic leaners (57%) view inflation as a very big problem. Among Democrats, larger shares see gun violence (70%), the affordability of health care (65%) and climate change (63%) as very big problems.

“Neither Republicans nor Democrats widely view the quality of public schools as a major problem. Four-in-ten Republicans (41%) and a similar share of Democrats (36%) say this is a very big problem for the country,” the respondents stated.

The YouGov researchers determined inflation to be a slightly lesser problem to Americans... 64% calling it a “very serious” (as opposed to “very big”) problem in the United States, with Democrats more concerned by an identical margin to the Pewsters (85% to 58%).

In a further sign of a negative outlook on the economy, most Americans also continue to see the U.S. as currently in a recession (58% say that this week). Americans are also about three times as likely to say the economy is shrinking (49%) as growing (16%) and that: “...(a)bout one in three Americans see Biden as having a lot of responsibility for movement of the stock market, and about the same proportion say he has a lot of responsibility for the change in joblessness, with slightly more saying he has a lot of responsibility for inflation. In general, the worse a person sees the situation in each of these three economic areas, the more likely the person is to give Biden the lion’s share of responsibility.” (See Attachment Four)

CNBC’s July 18^th autopsy of the American economy augurs a similar disaster for the donkeys in November. With Americans feeling crushed beneath the weight of rising prices, Biden’s economic approval dropped 5 points from the prior survey in April to just 30%. The president’s economic record is supported by just 6% of Republicans, 25% of independents and 58% of Democrats, a very low number for his own party.

Americans are employing a variety of means to make ends meet amid high inflation, the network noticed.

“Some 65% of those polled say they are cutting back on entertainment, such as eating out or going to movies and concerts. Among participants, 61% report driving less and 54% say they are reducing travel. More than 4 out of 10 are spending less on groceries. A third are using credit cards more often, which could mean higher interest payments if they don’t pay off balances. The survey found 47% of the participants say they are taking at least four of these measures.

“With gas prices high, 50% of the public say they support relaxing environmental rules to ease prices at the pump with 42% opposing, and 58% favor a tax on oil company profits rebated back to consumers.” (See excerpts of their programming as Attachment Five, and the complete survey at...

https://fm.cnbc.com/applications/cnbc.com/resources/editorialfiles/2022/07/18/FI14255b_CNBC_AAES_Q2_Topline.pdf

As ever, the racial justice activists have been hopping, according to NPR (Attachment Six).

“Having enough money for even basic necessities is a challenge for many households,” the public programmers concluded. “About a third of Black and Latino adults say they are having serious problems affording food, compared with 21% of (lower case) white adults. It's highest for Native Americans,” NPR noted, “(n)early 40% are struggling to put food on the table.”

"It reminds me of a statistic I'd read from the 1800s," said Mary Findling, assistant director of the Harvard Opinion Research Program at Harvard T.H. Chan School of Public Health.

"That's a lot of people who can't afford to eat in America in 2022."

A national poll — from NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health — poll did not find the same disparities between Asians and white adults as it did among Black, Latino and Native Americans. However, when just lower-income Asians were included — people who earn under $50,000 a year — 46% said they are facing serious financial problems. Specifically, nearly a third of that subpopulation had serious problems paying the rent or mortgage and 28% had serious problems affording food. About half say that a lack of good jobs is a serious problem in their community.

NPR also cited evictions, medical care and declining educational achievements and public safety as being a part of the post-pandemic plagues plaguing American minorities.

“Taken together, the poll makes it clear that racial and ethnic minorities are struggling to keep up while navigating the increasingly tenuous economic situation and the aftershocks of the social upheaval brought on by the COVID-19 pandemic.

"When you think about where we are compared to the beginning of the pandemic, so many people are not better — they're actually even worse off than we were 2 1/2 years ago," says Findling.

More and more Joneses as took the sixth grade math are looking at the the grocery and big box prices, ponder the falling gas prices and re-linked supply chain causing a surplus of foreign goods (like almost-autumn garden gnomes with the faces of... pick one: President Joe or the Bern, Mike Pence or Paul Gosar... back-to-school clothes no self-respecting kid would want to be caught dead in or cheap pirate CDs of that Korean boy band BTS, but titled BTK) and come to a certain un-American conclusion...

Somebody’s gouging us!

A few astute and opportunistic politicians are themselves taking advantage of the fear and loathing... a distinguished gentleman from Gotham, Rep. Jamaal Bowman (guess from which party) proposes that “a subgroup of the existing Supply Chain Disruptions Task Force (advise) the White House on how to respond to high costs and volatility, and would empower President Biden to recommend setting ceilings and floors on prices.” (See Attachment Seven)

Advise? Well, it is Congress after all... where five balky donkeys or one rogue Senator can zip lips and sink ships (even though the price, if not wage controls, are straight out of 1969... Nixon’s 1969).

Sing along with us... “Na na hey hey! Kiss him (or, in the case of Liz Cheney, last week) her Goodbye!”

Bowman wants the sub-task force to “be granted subpoena power to examine corporate earnings and expenses, focusing on five sectors: housing, health care, food, energy, and transportation.”

He’s been a busy fellow… back in January Bowman and Sen. Ed Markey (D-Ma) introduced the Heating and Cooling Relief Act, with the specific purpose of ending energy poverty in the United States for low and moderate income families. The intent of the bill is simple: lower income families would no longer have to struggle to pay unaffordable home energy bills. The bill would also establish a “just transition” grant program to ensure lower income households do not get left behind during the clean energy transition by helping them move away from fossil fuels through home retrofits, decarbonization, and renewable energy.

“Energy is simply unaffordable for lower income families,” according to Mark Wolfe of The Hill (1/29/22. See Attachment Seven)

Last month the Census Bureau reported that for families with incomes of less than $35,000 a year, about 51 percent said that they reduced or went without basic household necessities, such as medicine or food, in order to pay an energy bill. There is nothing surprising about this data. Low income families struggle to pay for basic needs, including energy. They cannot afford to have their power shut off and will go without food and medicine in order to pay the bill.

The Low Income Home Energy Assistance Program (LIHEAP) is the primary federal effort designed to help families pay their home heating and cooling bills, but the program has been underfunded for years and reaches fewer than one out of six eligible households. As a result of limited funding, we have watched families fall further and further behind on their home energy bills during the pandemic. And even with supplemental funding for LIHEAP, outstanding energy arrearages have remained stubbornly high, at about $22 billion.

The Markey/Bowman bill would increase funding for LIHEAP, with a goal of reaching all eligible households by setting the authorized funding level at $40 billion a year, up from a current authorization level of $5.1 billion and an appropriation level of about $3.8 billion. The additional funding would increase the eligibility ceiling from the greater of 150 percent of the federal poverty level or 60 percent of state median income to 250 percent of the federal poverty level or 80 percent of state median income, thereby increasing coverage to low and moderate income families, not just to the poorest families in the country.

Existing legislation like the Heating and Cooling Relief Act or national rent controls are deemed unlikely to pass Congress, but housing groups say they could be a useful tool to push for rent relief. “We need people in the president’s administration talking about the rent,” Tara Raghuveer, the director of Kansas City Tenants, told the American Prospect of her group’s support for the bill. (See Attachment Eight and next Lesson’s Labor Day special on wage, price and rent controls.) “I’m not holding my breath that Congress is going to act quickly on this, or much else, right now,” Raghuveer admits, “but we’re going to use this as part of our organizing strategy to push for additional vision and creativity among members of the Biden administration, to explore every avenue they have to institute rent regulation.”

Food, even more than rent, is on the minds of not only poor but working and middle-class Americans, and prices on the shelf... perhaps more importantly than at the pump, given the slow, but welcome normalization of prices for oil by the barrel in November will determine whether government controls have any chance in Washington or whether a red tide will allow the market to do as it wishes.

The Don Jones Index has been using select items from the monthly statistics compiled and issued by the Bureau of Labor Statistics (see below and an expanded listing from http://www.bls.gov/news.release/cpi.nr0.htm as Attachment Nine,)

Other determnants include the FAO Food Price Index (FFPI), which is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices calculated monthly and averaged 140.9 points in July 2022, down 13.3 points (8.6 percent) from June, marking the fourth consecutive monthly decline. Nevertheless, it remained 16.4 points (13.1 percent) above its value in the corresponding month last year.

“The July decline was the steepest monthly fall in the value of the index since October 2008, led by significant drops in vegetable oil and cereal indices, while those of sugar, dairy and meat also fell but to a lesser extent.” FAO.org... see yearly indices since 2004 as Attachment Ten and, alternately, the numbers from Trading Economics as Attachment Eleven.

Food prices, like those of shelter, gasoline and other commodities, vary from state to state, locality to locality and nation to nation depending on a number of factors including transportation and related costs, access, taxes, government regulations (or their absence) and geopolitical considerations.

A comparison of the best and worst states for inflation was made by NewsNation in mid-July. Not surprisingly, the states that are managing inflation the best, according to financial writer Nick Smith (July 15^th, See Attachment Twelve) are “the states where it is least expensive to live because historically, inflation has been the cheapest in those states. That’s due to a combination of factors, including regional inflation rates from the federal government to the cost of living index.”

Perhaps coincidentally, perhaps not, the top ten states (see also CNBC’s exclusive America’s Top States for Business study two days earlier with more statistical details) are all red to deep red, the worst states are blue (with the exception of Alaska which... like Hawaii, the worst state... is impacted by geographical factors).

This is a rise of 3 percentage points from May. The growing concern about inflation comes during a global cost of living crisis and surging inflation in many economies around the world

Internationally, food price hikes are far exceeding overall inflation, “with low- and middle-income countries getting hit hardest — though prices are high across the globe” according to an August first food security update by the World Bank that, said devex.com, “included a list of nations seeing the worst price increases,”.... the steepest of which was Lebanon, where prices jumped by a whopping 122% over the course of the year.

“About 94% of low-income countries, 89% of lower-middle-income countries, and 89% of upper-middle-income countries have nominal food inflation levels above 5% compared with the previous year,” declared the World Bankers.

War was predominant in the worst cases... either directly as in Lebanon’s civil war or conflicts in Afghanistan, Somalia or Yemen... or as a consequence of the cutoff of Ukrainian grain supplies that have kept drought-ravaged economies (particularly in Africa) from descending into mass chaos and starvation.

“Eastern and southern Africa will likely see conditions worsen in the coming months. South Sudan and Sudan face the risk of famine, and the Democratic Republic of Congo and Ethiopia are also seeing food security deteriorate,” predicted the World Bankers surveyed by Devex. (See Attachment Thirteen)

They advocated that “richer nations” (meaning the taxpayers therein) should increase handouts to the worst cases... perhaps saving lives, but also reducing their populations to a perhaps permanent status of beggars. Fortunately, their survey took place before a (partial) resumption of grain shipments as brokered by the United Nations, which resumption might bring (partial) relief to those afflicted with the famine.

Otherwise, it’s “pray for rain”.

(Although, as drought-ravaged Texans found out this week, sometimes answered prayers bring worse outcomes than the unanswered kind!)

We have also included year by year stats from the Consumer Price Index (Attachment Fourteen) and global inflation rates from Trading Economics (Attachment Fifteen) for obsessive compulsives. Some places are doing better than America, others doing worse. Things look bleak for Lebanon, Turkey, Venezuela and a few other places. (No data was collected for Afghanistan because anybody trying to collect data would probably have been shot.)

AND… OH, YES… THERE WAS AN ELECTION on TUESDAY…

Incumbents in New York and Florida cruised to victory... in the only contested races, a gerrymandered “Seinfeld” district on Gotham’s Upper West Side sent the liberal Jerrold Nadler back to Washington, despite allegations by former comrade Carolyn Maloney that the gentleman was “senile”. Both, as befits liberal Democrats, ran on identity: Nadler threatened that, if he were defeated, New York would have... gasp!... NO Jewish Congressmen while Maloney, besides accusing Nadler of senility, ordered constituents to vote for her because she was a woman.

They didn’t. Strike up the have-a-tequila, Carol.

And down in the (humid as opposed to dry) Sunshine State, former Republican Governor Charlie Crist won the Democratic nomination to square off against unopposed incumbent and potential Trump challenger in 2024, Ron deSantis.

August 20th – August 26th, 2022

Saturday, August 20th, 2022

Dow: 33,706.34

It’s World Honeybee Day.

Senate Minority (numerical not racial) Leader Mitchy Mac de-escalates his midterm optimism and pours vinegar, not honey, over MAGAdreams by implicating Oz, Vance, Herschel and perhaps others in his contention that control of the House and the Senate will rest on “the quality of the candidates.” Uh-oh!

The DoJ, FBI and other gumment gumshoes block release of unredacted Mar-a-Lago search and seizure affadavits on the grounds that public knowledge would compromise the national security and law enforcement personnel targeted by MAGAmurderers. Trump’s new legal team (including old hands Dan Scavino and Lynn Patton as well as new faces Alan Futurfas, Drew Findling, the sanguinary Alina Habba and Christina Bobb as well as optimistically monikered Donald Trusty... no Rudy however, he’s got problems of his own!) contend the usual contention - that Ol’ 45 is being persecuted by the liberal witch hunters.

The Taliban “celebrate” their first year in power, but without food, they have to settle for just torturing more women and complaining about the even more savage savages at ISIS-K who aim to overthrow them as a bunch of pro-American, anti-Islamic pussies.

Sunday, August 21st, 2022 Dow: Closed

Now, it’s National Senior Citizens’ Day. Inspirational media morsels highlight old people doing young people things with cut grand and great grandchildren, parties and puppies. (The 79 year old grandfather shot while walking his dog and 88 year old grandma mauled to death by different dogs while walking home are not among these.)

Putin’s war in Ukraine “celebrates” its six-month-anniversary with stalemate at the front, attacks on the homeland as his inner circle suffers from sanctions and worse... a car bomb incinerates the daughter of the manifesto machine Alexander Dugin – the spook described as the canker in Mad Vlad’s “brain”... and more American money promised for things and stuff to kill more Russians. Zelensky denies responsibil – claims it was either a hit by the Russian mob for its own reasons, or a false flag to excuse more atrocities against Uke civilians,

Mother Nature’s terror against the planet continues – flash floods trap 150 tourists in Carlsbad Caverns NM, Dallas experiences the most rain in a century – six inches in an hour cutting its yearly deficit from ten to four inches as an Uber driver is swept away and drowned while on the phone saying goodbye to her family. Eurodrought continues and spreads across the South Atlantic to Brazil to destroy the coffee crop, leading the world to lose its morning wake-up drug. Try meth?

Monday, August 22, 2022

Dow: 33,063.71

More Mar-a-Lago lawyering as the Inquisitors remain deep in sleep until fall... Rep. (and failed Presidential candidate) Eric Swalwell (D-Ca) exhumes video of Trump rally Russo/rabble-rousing speeches while Republicans counter by asking whether publicizing the affidavit is in the”imminant” national interest or just chow for the tabloids. Experts predict the redacting reductions of document contents will allow Don Jones to see only “a sea of black.”

Speaking of which, ships of Ukraine grain

Monkeypox in New York said to be hitting blacks, Latinos and gay men (93% but down from 97%) the hardest. The Last Monkee, Mickey Dolenz, goes on tour with a “tribute band” as The Monkee and tells those hungry tabloids that he and the dead Monkees were paid only a flat $400 a week during their career... concert (and vinyl?) revenues included). And a Monk is hired to officiate at Bennifer’s second (third?) hitchup at a ritzy White Wedding at Ben’s Georgia estate.

Tuesday, August 23, 2022

Dow: 32,909.59

It’s Election Day in Florida and New York and not only the former’s population of Castro Un-convertables but partisan pimps promote downballot issues like a repeal of rent control in the Sunshine state, which Linked-In lobbyists call Communist (or at least “socialized”)... see Lesson above and Attachment x8, 9. Up in Gotham’s gerrymandered West Side (“Seinfeld” territory back in the days when comedians, mailmen and whatever George and Elaine were working at at the time could afford rents), old-times East Sider Rep. Carolyn Maloney (76) calls her younger comrade Rep Jerrold Nadler (75) “senile.”

The CDC surveyors find that life expectancy in America is down by 2 years over the last two years. They blame the plague and drugs, but pass over gun violence... even though different survey surveyors from Surveyland say that domestic violence is up over 30% over the same period. TV coroners complain that they are so swamped with killings... intimate and other... that “we’re just shuffling bodies around.”

Corrections communicators allege that pot use among 20-somethings is up to 43%... the highest since the Eighties, and resulting in deaths as pot is the “gateway” drug to fentanyl and users are bringing back rave-ish large gatherings that promote plague and attract active shooters like the troubled 31 year old boy, Jonathan Moody, who loaded up his arsenal and slithered up to the Bass Canyon festival in Washington State

And Parkland school shooter Nicholas Cruz, according to his lawyers, was traumatized by his childhood by a drunk (and presumably pot-smoking) mother so he should be released back into the wild to go wilding again.

Wednesday, August 24, 2022

Dow: 32,969.33

It’s National Waffle Day. Pour some honey on it while you still can.

It’s also Ukrainian Independence Day and the six month anniversary of Putin’s war... the Russian dictator, still steamed over the assassination attempt on his brain, Dugan that killed, instead, his daughter (or perhaps smiling at the false flag fakery that will permit Russia to commit more atrocities against civilians and ruin the party).

Record rainfall (that sweeps a Uber driver to her death while she’s on the phone saying goodbye to the family) pounds bone-dry Texas but not before discovery of dinosaur traces (not bones, yet, but footprints) in dry riverbottoms that are an estimated 100+ million years old. Mob hit? Scientists say we’ll probably never know because the deluge will wash them away.

Educators worry about lowered reading scores among the Youth of America. TV bookwriter Maya Payne Stewart (“Reading for Your Lives”) points the finger of shame at parents so busy with their own devices that they lack time to teach 3 year olds how to read.

Ballot counters count the ballots and read the results...Nadler wins his primary in New York, Crist in Florida and on towards November they go with nary a hint of fraud and conspiracy. Then again, both are Democrats. Democrats know how to lose.

Thursday, August 25, 2022

Dow: 33,291.78

Not OK Brandon (Ms) with ten inches of rain in two days & an overflowing Pearl River. Opposite bad weather... scorching heat in the normally cool Northwest.

Death from above strikes Ukrainian Independence Day and six month anniversary of the start of Putin’s War... 25 killed in bombing of train station and Mad Vlad calls up 137,000 more soldiers to replace those killed by Ukes, who shut off Zappo nuke plant 19 minutes from Chernobyl Two. On our side, U.S. air strikes obliterate more Iranian-backed Syrian militia terrorists. President Joe makes a speech denouncing Republicans as “semi-fascists”. (Their concentration camps have comfortable pillows and high cuisine. – DJI)

And terror at home strikes voters lined up at NY polling place... woman hit, shooter and his or her partisan affiliation unknown. (It was you, Nadler...don’t deny it! – DJI) Presumably apolitical (or not?) gunmen kill two at Kentucky homeless shelter, four (including a cop) in Tucson. Always ready to protect and serve... Alabama police arrest black pastor for watering his neighbor’s garden and not showing ID... when his wife brings it out, the brave cops say: “We can’t un-arrest him.”

Friday, August 26, 2022

Dow: 32,283.40

It’s National Dog Day. Harry and Meghan adopt one of the 4,000 beagles rescued from a medical research breeding lab (3,000 already saved). But it’s a Dog Day Afternoon for the economy when Fed Chair Powell speaks “tough words” and promises “pain” to fight inflation (and doesn’t even raise the interest rate!)... the Dow, nonetheless, drops over a thousand points.

The other bombshell is more of a dud... the DOJ releasing its Mar-a-Lago search and seizure affidavit; more than half redacted in order to, as they say, protect “clandestine human sources” in Trump’s inner circle (aka spies and rats). Those “fruits of crime” include 184 documents, exactly half of which (92) are classified “secret” and 25 of which are “top secret”. Djonald Unashamed says that anything criminal was planted by the FBI.

It’s a large day for the law... Moderna suing Pfizer for allegedly stealing their vaxxing formulae and whining that they made only half the profits (1.8B) off the plague that the P-people did (3.6B). Vanessa Bryant wins judgment against L.A. for circulating gruesome pix of Kobe’s crash and donates it to charity. Other athletes face rape charges: George Foreman, now in his 70’s back in the 70’s and the Buffalo Bills’... punter?... while tennis star Djokovic banned from U.S. Open where Serena is playing her final match on Monday (unless she wins – she’s down to 418^th). And Church Police in Louisiana prohibit a pregnant woman carrying a dead baby from life-saving abortion.

Deep in the heart of Texas, next door, Uvalde fires despised Chief Arredondo (who calls it a lynching) and the U. of T. celebrates President Joe’s college debt forgiveness by offering courses on Taylor Swift.

The Dow so close to record heights. The Don so close to parity with 2013. All hope flown as Fed Chair Powell growls and both go down. His snarling is allegedly meant to fight inflation, but inflation keeps rising. We reiterate: Isn’t it time for national wage and price and rent controls? I mean... if f***ing Nixon could do it, why can’t President Joe (who does, at least for the next few months, have a legislative majority?) See Bowman/Markey legislation, above.

THE DON JONES INDEX

CHART of CATEGORIES w/VALUE ADDED to EQUAL BASELINE of 15,000

(REFLECTING… approximately… DOW JONES INDEX of June 27, 2013)

See a further explanation of categories here…

ECONOMIC INDICES (60%)

CATEGORY

VALUE

BASE

RESULTS

SCORE

OUR SOURCES and COMMENTS

INCOME

(24%)

6/17/13 & 1/1/22

LAST

CHANGE

NEXT

8/20/22

SOURCE

Wages (hrly. per cap)

1350 points

8/20/22

+0.44%

9/22

1,381.63

https://tradingeconomics.com/united-states/wages 27.57

Median Inc. (yearly)

600

8/20/22

+0.03%

9/3/22

603.59

603.77

http://www.usdebtclock.org/ 35,979 990

Unempl. (BLS – in mi)

600

8/20/22

+2.86%

9/22

651.46

http://data.bls.gov/timeseries/LNS14000000/ 3.5%

Official (DC – in mi)

300

8/20/22

-0.15%

9/3/22

303.60

304.07

http://www.usdebtclock.org/ 5,856 847

Unofficl. (DC – in mi)

300

8/20/22

-0.02%

9/3/22

295.33

295.38

http://www.usdebtclock.org/ 11,466 464

Workforce Particip.

Number

Percent

300

8/20/22

-0.004% +0.007%

9/3/22

299.65

299.67

In 158,167 176 Out 99,909 925 Total: 258,101

http://www.usdebtclock.org/ 61.28

WP % (ycharts)*

150

8/20/22

+0.16%

8/20/22

149.76

https://ycharts.com/indicators/labor_force_participation_rate 62.10

OUTGO

15%

Total Inflation

1050

8/22

9/3/22

1010.64

http://www.bls.gov/news.release/cpi.nr0.htm +0.0

Food

300

8/22

+1.1%

9/3/22

289.34

286.15

http://www.bls.gov/news.release/cpi.nr0.htm +1.1

Gasoline

300

8/22

-7.7%

9/3/22

221.46

238.50

http://www.bls.gov/news.release/cpi.nr0.htm -7.7

Medical Costs

300

8/22

+0.4%

9/3/22

293.45

292.28

http://www.bls.gov/news.release/cpi.nr0.htm +0.4

Shelter

300

8/22

+0.5%

9/3/22

293.46

291.99

http://www.bls.gov/news.release/cpi.nr0.htm +0.5

WEALTH

Dow Jones Index

300

8/20/22

-4.22%

9/3/22

280.81

268.95

https://www.wsj.com/market-data/quotes/index/ 32,283.40

Home (Sales)

(Valuation)

150

8/20/22

-6.05% -2.93%

9/3/22

154.06

309.58

154.06

309.58

https://www.nar.realtor/research-and-statistics

Sales (M): 4.81 Valuations (K): 403.8

Debt (Personal)

300

8/20/22

+0.13%

9/3/22

290.69

290.32

http://www.usdebtclock.org/ 70,770 859

NATIONAL

(10%)

Revenue (trilns.)

300

8/20/22

+0.23%

9/3/22

324.61

325.34

debtclock.org/ 4,430 440

Expenditures (tr.)

300

8/20/22

+0.35%

9/3/22

330.07

331.24

debtclock.org/ 5,961 940

National Debt tr.)

450

8/20/22

+0.27%

9/3/22

443.46

442.28

http://www.usdebtclock.org/ 30,656 738

Aggregate Debt (tr.)

450

8/20/22

+0.18%

9/3/22

438.19

437.40

http://www.usdebtclock.org/ 92,118 284

GLOBAL

(5%)

Foreign Debt (tr.)

300

8/20/22

+0.08%

9/3/22

322.30

322.04

http://www.usdebtclock.org/ 7,482 488

Exports (in billions)

150

8/20/22

+1.60%

9/22

163.46

https://www.census.gov/foreign-trade/index.html 260.0

Imports (bl.)

150

8/20/22

+0.29%

9/22

153.99

https://www.census.gov/foreign-trade/index.html 340.4

Trade Deficit (bl.)

150

8/20/22

-7.41%

9/22

210.77

https://www.census.gov/foreign-trade/index.html 79.6

SOCIAL INDICES (40%)

ACTS of MAN

12%

World Affairs

450

8/20/22

-0.2%

9/3/22

466.44

465.51

France now bribing drivers to trade their cars for E-Bikes. Ooh La Lousy idea! Eurodrought termed worst in 500 years, early harvest of champagne grapes recommended or no New Years’ bubbly.

Terrorism

300

8/20/22

+0.3%

9/3/22

296.30

297.19

Taliban find more radical ISIS-K denouncing them as TINOs (terrorists in name only). 21 killed as gunmen storm hotel in Mogadishu. Nobody killed after mass murder wannabe busted at Washington State festival (see above) and San Antonio man arrested before he can shoot up a GOP youth conference in Florida. Wonderers wonder if Russian car bomb killing Putin’s brain’s daughter (also above) was a false flag fraud.

Politics

450

8/20/22

+0.1%

9/3/22

465.52

465.99

Nadler and Crist win their Dem primaries (above). Latest Trump lawyer Trusty (also above) calls for a Special Master to deal with his own Master’s unwanted affidavit redactions and reductions as heavily redacted copies hit the public with... uh, boredom.

Economics

450

8/20/22

+0.2%

9/3/22

438.83

439.71

President Joe offers $10K student loan rebates to graduates making under $125K/yr., gets it from both sides... Republicans complain about debt, Democrats about fairness. Wife Dr. Jill just gets it (rebound plague). Overstocked retailers start early Labor Day sales. As do striking Ohio and Washington teachers, Omaha railworkers and Minnesota nurses. FDIC cracks down on crypto scams.

Crime

150

8/20/22

-0.2%

9/3/22

288.78

288.20

The usual round of shootings, stabbings and stealings enhanced by Bad Cops... Deputy Dawg screams at and handcuffs pregnant woman in front of horrified kiddies, Alexandria VA blue meanies bust pastor for watering flowers while black and Church Police in Louisiana (above) force pregnant woman to carry, despite medical evidence that the foetus has no skull (see both above).

ACTS of GOD

(6%)

Environment/Weather

450

8/20/22

-0.2%

9/3/22

440.27

439.39

California enacts ban on all gasoline powered cars by 2035... 17 other states (guess which color) promise to follow. Too late for the killer floods that sweep over drought and fire destinations. EPA bans “forever chemicals” as... ready?... hazardous!

Disasters

450

8/20/22

-0.3%

9/3/22

443.60

442.27

32 killed in Turkish car and bus crashes. Five hurt in Jersey roller coaster crash. Six year old girl escapes kidnapper on the street. Brazilian drought will lead to coffee shortage and higher prices, and soon! Hoard now!

LIFESTYLE/JUSTICE INDEX

(15%)

Science, Tech, Educ.

600

8/20/22

+0.2%

9/3/22

618.52

619.76

Twitter admits its workers were stealing and selling Big Data on users... Trump? Musk? “Space Dragon” full of ISS gear lands safely in Florida; NASA releases more “oh wow!” Webb pix of Jupiter and plans Artemis “Dark Side of the Moon” launch on Monday. Ohio teachers go out on strike while Missouri schools bring back corporal punishment.

Equality (econ/social)

600

8/20/22

+0.3%

9/3/22

591.60

593.37

“Moral” Gravity CEO Dan Price accused of multiple rapes. Not so moral after all! Q-Anon’s MTG swatted by cops, presumably called by transgender teenagers she’s been denouncing. Proud Boys lost in the wilderness after expulsion from FaceBook. (But who will admire my swastika patterned petunias?)

Health

600

8/20/22

9/3/22

488.92

Wendy’s pulls e-colic lettuce, Kia and Hyundai recall vehicles with the bad habit of catching fire. Dr. Fauci turns 81, says he will not retire, but will “step down”. Lesser doctors say that half of all plague victims never realize they have it as Pfizer fights off Moderna lawyers and promises to ship “bivalent” (works on all strains) vaxxes by fall. 16M now said to have long Covid, 4M of whom can’t work. And 13 (thirteen!) kids now have monkeypox. Other hardworking docs from the Amer. Assn. of Dermatologists say Minoxiden blood pressure medicine will cure baldness while Stem Cellars grow closer and closer to creating artificial mice.

Freedom and Justice

450

8/20/22

+0.3%

9/3/22

452.19

453.55

The ISIS Beatle (named for his British accent) gets 8 life terms for murders in Virginia. Two wannabe kidnappers of Mich. Gov. Whitmer convicted and locked up, but Harvey Weinstein is seeking freedom with a new round of appeals. Vanessa Bryant donates Kobe crash settlement to charity.

MISCELLANEOUS and TRANSIENT INDEX

(7%)

Cultural incidents

450

8/20/22

+0.2%

9/3/22

465.62

466.55

Dennis Rodman’s mission to Moscow to free Britney (Griner) annoys diplomats. Sir Elton and Britney (Spears) remake “Tiny Dancer”. Finnish PM’s dancing disdained. Actor Gary Buesey charged with unspecified “sex crimes” at Monster Mania Con. Japanimation’s “Dragon Ball” leads box office, but with only 20M and Regal Cinemas declares bankruptcy. Revenues should pick up soon with Black Panther Two (plot hint subtitle: “The Woman King”). Game of Thrones prequel (“Fire and Blood”) streams to mixed reviews. RIP: coach Gary Gaines (the real life model for “Friday Night Lights”), KC QB Len Dawson (who lost first Superbowl, but won 4^th), actor Joe E. Tata (90210).

Misc. incidents

450

8/20/22

-0.1%

9/3/22

460.52

460.06

Experts say lifetime cost of raising a child is $300,000. Less if he or she drops out of school and runs away. Dozens of dead dogs in Michigan contacted mystery virus – vets vetting vaxxes. Spice guy eats 17 ghost peppers in one minute.

The Don Jones Index for the week of August 20th through August 26th, 2022 was DOWN 8.34 points

The Don Jones Index is sponsored by the Coalition for a New Consensus: retired Congressman and Independent Presidential candidate Jack “Catfish” Parnell, Chairman; Brian Doohan, Administrator. The CNC denies, emphatically, allegations that the organization, as well as any of its officers (including former Congressman Parnell, environmentalist/America-Firster Austin Tillerman and cosmetics CEO Rayna Finch) and references to Parnell’s works, “Entropy and Renaissance” and “The Coming Kill-Off” are fictitious or, at best, mere pawns in the web-serial “Black Helicopters” – and promise swift, effective legal action against parties promulgating this and/or other such slanders.

Comments, complaints, donations (especially SUPERPAC donations) always welcome at feedme@generisis.com or: speak@donjonesindex.com.

ATTACHMENT ONE – from Ballotpedia

REMAINING 2022 PRIMARIES...

Massachusetts	Massachusetts statewide primary	September 6, 2022
Delaware	Delaware statewide primary	September 13, 2022
New Hampshire	New Hampshire statewide primary	September 13, 2022
Rhode Island	Rhode Island statewide primary	September 13, 2022
Louisiana	Louisiana statewide primary election	November 8, 2022

ATTACHMENT TWO – Election Results from New York and Florida from the New York Times and the Associated Press

By Hiroko Masuike Aug. 24, 2022, 7:52 a.m. Eastern time

From fiercely contested House races in New York to the battle in Florida to take on Gov. Ron DeSantis, pillars of the Democratic establishment prevailed in a series of late-August elections in both states on Tuesday.

In the Hudson Valley in New York, another theme emerged: The political power of abortion rights in the post-Roe era.

FLORIDA @FIX WITH PASTE A if possible

Governor

Democratic Primary

CANDIDATE

VOTES

PCT.

Charlie Crist

903,030

59.7%

Nikki Fried

534,521

35.3%

Cadance Daniel

38,120

2.5%

See detailed race results

U.S. House

1st District Republican Primary

CANDIDATE

VOTES

PCT.

Matt Gaetz*

73,015

69.7%

Mark Lombardo

25,560

24.4%

Greg Merk

6,123

5.8%

* Incumbent

See detailed race results

7th District Republican Primary

CANDIDATE

VOTES

PCT.

Cory Mills

27,734

33.8%

Anthony Sabatini

17,314

21.1%

Brady Duke

11,212

13.7%

See detailed race results

10th District Democratic Primary

CANDIDATE

VOTES

PCT.

Maxwell Frost

19,271

34.7%

Randolph Bracy

13,711

24.7%

Alan Grayson

8,531

15.4%

See detailed race results

13th District Republican Primary

CANDIDATE

VOTES

PCT.

Anna Luna

37,133

44.5%

Kevin Hayslett

28,088

33.6%

Amanda Makki

14,156

17.0%

NEW YORK

U.S. House

10th District Democratic Primary

CANDIDATE

VOTES

PCT.

Dan Goldman

16,686

25.8%

Yuh-Line Niou

15,380

23.7%

Mondaire Jones

11,777

18.2%

See detailed race results

12th District Democratic Primary

CANDIDATE

VOTES

PCT.

Jerrold Nadler*

45,545

55.4%

Carolyn Maloney*

20,038

24.4%

Suraj Patel

15,744

19.2%

* Incumbent

See detailed race results

17th District Democratic Primary

CANDIDATE

VOTES

PCT.

Sean Patrick Maloney*

21,525

66.7%

Alessandra Biaggi

10,752

33.3%

* Incumbent

See detailed race results

19th District Special Election

CANDIDATE

PARTY

VOTES

PCT.

Pat Ryan

Democrat

68,807

51.9%

Marc Molinaro

Republican

63,846

48.1%

See detailed race results

23rd District Special Election

CANDIDATE

PARTY

VOTES

PCT.

Joseph Sempolinski

Republican

38,749

53.3%

Max Della Pia

Democrat

34,001

46.7%

See detailed race results

23rd District Republican Primary

CANDIDATE

VOTES

PCT.

Nick Langworthy

24,275

52.1%

Carl Paladino

22,283

47.9%

See detailed race results

Source: Election results and race calls from The Associated Press.

Results as of 7:46 a.m. E.T.

Selected Results from Oklahoma

U.S. Senate

Republican Special Primary Runoff

CANDIDATE

VOTES

PCT.

Markwayne Mullin

183,034

65.1%

T.W. Shannon

98,215

34.9%

ATTACHMENT THREE – from Pew Research

BY A WIDE MARGIN, AMERICANS VIEW INFLATION AS THE TOP PROBLEM FACING THE COUNTRY TODAY

BY CARROLL DOHERTY AND VIANNEY GÓMEZ. May 12, 2022

The public views inflation as the top problem facing the United States – and no other concern comes close.

Seven-in-ten Americans view inflation as a very big problem for the country, followed by the affordability of health care (55%) and violent crime (54%).

About half say gun violence and the federal budget deficit are very big problems (51% each), according to a Pew Research Center survey conducted April 25-May 1 among 5,074 U.S. adults. More than two years into the coronavirus pandemic, just 19% of Americans rate the coronavirus outbreak as a very big problem for the country, the lowest share out of 12 issues included in the survey. In June 2020, in the early stages of the outbreak, 58% rated it as a very big problem, placing it among the top concerns at the time.

With few exceptions, Republicans and Democrats differ over what they see as major national problems. Inflation is by far the top concern among Republicans and Republican-leaning independents, 84% of whom say it is a very big problem in the country today.

A much narrower majority of Democrats and Democratic leaners (57%) view inflation as a very big problem. Among Democrats, larger shares see gun violence (70%), the affordability of health care (65%) and climate change (63%) as very big problems.

Democrats are nearly four times as likely as Republicans to rate climate change as a very big problem (63% vs. 16%). Republicans, by contrast, are far more likely than Democrats to view illegal immigration as a very big problem (65% vs. 19%).

Neither Republicans nor Democrats widely view the quality of public schools as a major problem. Four-in-ten Republicans (41%) and a similar share of Democrats (36%) say this is a very big problem for the country.

While the coronavirus has receded as a major problem over the past two years, so too has unemployment. In the new survey, just 23% of Americans rate unemployment as a very big problem, down from 41% a year ago and 50% in June 2020. The decline has come among members of both parties.

The share of adults who say racism is a very big problem for the country has declined by 10 percentage points since last April, from 45% to 35%. Most of the change has come among Democrats: 49% now view racism as a major problem, down from 67% about a year ago. Republicans’ views are largely unchanged (14% today, 19% then).

Note: Here are the questions used for this report, along with responses, and its methodology.

ATTACHMENT FOUR – from YouGov.com

INFLATION IS THE ELECTION ISSUE NAMED VERY IMPORTANT BY THE MOST REPUBLICAN VOTERS

By Linley Sanders and Kathy Frankovic July 15, 2022, 10:55 AM GMT-4

Data released by the Bureau of Labor Statistics on Wednesday showed that inflation remains at a 40-year high. The latest Economist/YouGov poll shows that most Americans are concerned about inflation: 64% call it a “very serious” problem in the United States, virtually unchanged (63%) from when this question was asked in June.

Inflation likely dominates perceptions because of its personal impact. Nearly three-quarters of Americans (72%) say that changes in the inflation rate have impacted them negatively – including majorities of Democrats (59%), Independents (74%), and Republicans (83%).

The issue of inflation and prices is “very important” to registered voters when looking at November's midterm elections. More than three in five registered voters (63%) call this issue very important, including 58% of Democrats and 85% of Republicans.

But the issues that registered voters who are Democrats are most likely to call “very important” when deciding how to vote in the November elections are civil rights (78%), health care (75%), guns (73%), abortion (71%), and civil liberties (71%) — not inflation. Registered voters who are Republicans are more likely to call inflation very important in deciding their vote. Their top issues for the election are inflation/prices (85%), national security (75%), crime (73%), and jobs and the economy (73%).

About half of Americans (49%) expect an even higher rate of inflation over the next six months. Republicans (65%) are more likely than Democrats (30%) to believe inflation will rise. Americans with a household income under $50,000 (56%) are more likely to expect higher inflation than are households earning between $50,000 to $100,000 (45%) or $100,000 or more (41%).

In a further sign of a negative outlook on the economy, most Americans also continue to see the U.S. as currently in a recession (58% say that this week). This number has remained steady since the first 2022 Economist/YouGov Poll to ask this question, in May. This week’s number is within the margin of error of last week’s poll (57%) as well as when the question was asked in May (55%).

Why do so many Americans believe the country is in a recession? When asked the best indicator of an economic recession, people are twice as likely to say the prices of goods and services you buy (44%) as to say it's whether the economy is shrinking or growing (22%).

Americans are about three times as likely to say the economy is shrinking (49%) as growing (16%). Democrats are divided roughly evenly on how the economy's size is changing: 28% say it’s shrinking, while 26% say it’s growing. Most Republicans say the economy is shrinking (72%), while just 10% say it’s growing. (The country's Gross Domestic Product fell in the first quarter from a year earlier.)

When the economy is troubled, presidents can be blamed – and in the case of inflation, President Joe Biden is seen as having responsibility for it by most Americans who think inflation has risen. Among Americans who say the inflation rate has gone up since January 2021, 73% give Biden a lot of (49%) or some (24%) responsibility.

Presidents do not often get the same level of credit for positive economic news. Just two in five Americans say that unemployment has gone down (38%) since January 2021 — the month when Biden became president. (It has gone down.) Among people who think unemployment has declined, 65% give Biden a lot of (25%) or some (40%) of the responsibility.

About one in three Americans see Biden as having a lot of responsibility for movement of the stock market, and about the same proportion say he has a lot of responsibility for the change in joblessness, with slightly more saying he has a lot of responsibility for inflation. In general, the worse a person sees the situation in each of these three economic areas, the more likely the person is to give Biden the lion’s share of responsibility.

- Carl Bialik and Taylor Orth contributed to this article

This poll was conducted on July 9 - 11, 2022 among 1,500 U.S. adult citizens. Explore more on the methodology and data for this Economist/YouGov poll.

ATTACHMENT FIVE – from CNBC

ALL-AMERICA ECONOMIC SURVEY

BIDEN’S ECONOMIC APPROVAL RATING FALLS TO NEW LOW ON FEAR ABOUT INFLATION, CNBC SURVEY FINDS

By Steve Liesman PUBLISHED MON, JUL 18 20227:01 AM EDTUPDATED MON, JUL 18 20226:51 PM EDT

· President Joe Biden’s overall and economic approval numbers dipped to the lowest levels of his presidency, according to CNBC’s All-America Survey.

· His economic approval rating dropped 5 points from April’s survey to 30%, lower than the nadirs for President Donald Trump and President Barack Obama.

· Americans are taking a variety of steps to contend with higher prices. Some 65% of those polled said they’re cutting back on entertainment. More than 4 in 10 are spending less on groceries.

President Joe Biden’s overall and economic approval numbers have reached the lowest levels of his presidency and fallen further than that of either of his two predecessors, according to the latest CNBC All-America Economic Survey.

With Americans feeling crushed beneath the weight of rising prices, Biden’s economic approval dropped 5 points from the prior survey in April to just 30%. The president’s economic record is supported by just 6% of Republicans, 25% of independents and 58% of Democrats, a very low number for his own party.

In comparison, President Donald Trump’s economic approval bottomed out at 41%, and President Barack Obama’s at 37%.

Biden’s approval on his overall handling of the presidency came in at 36%, 1 point lower than Trump’s worst rating. Among survey participants, 57% disapprove of Biden’s handling of the presidency.

The poll of 800 people across the nation found that 51% believe the president’s efforts to combat inflation are making no difference, and 30% think they are actually hurting. Just 12% say they are helping. The poll, which took place from July 7 to July 10, has a margin of error of plus or minus 3.5%.

A rocky economic outlook

The president’s dismal numbers come amid the worst economic outlook measures CNBC has recorded in the 15-year history of the survey.

Of the participants, 52% believe the economy will get worse over the next year, and just 22% believe it will improve. Both are survey records, and they are worse than those found during the great financial crisis. More than 6 out of 10 of those polled expect a recession in the next 12 months. Another 6% believe the country is already in one. Such levels have only been found during actual recessions.

Just 38% of the public believe their home prices will rise in the next year, the lowest since the Covid pandemic.

The poll found that inflation is by far the top concern in the country, garnering twice as many votes as the next response: abortion, which was presented as a survey option for the first time. That was followed by crime, immigration and border security, jobs, and climate change. The coronavirus, which led the list for most of the past several years, ranked last.

Taking steps to stretch a dollar

Americans are employing a variety of means to make ends meet amid high inflation.

Some 65% of those polled say they are cutting back on entertainment, such as eating out or going to movies and concerts. Among participants, 61% report driving less and 54% say they are reducing travel. More than 4 out of 10 are spending less on groceries. A third are using credit cards more often, which could mean higher interest payments if they don’t pay off balances. The survey found 47% of the participants say they are taking at least four of these measures.

With gas prices high, 50% of the public say they support relaxing environmental rules to ease prices at the pump with 42% opposing, and 58% favor a tax on oil company profits rebated back to consumers.

Upcoming congressional elections loom

When it comes to pocketbook issues, the survey found Republicans have a decided edge in the upcoming congressional elections. But the question is whether other issues, such as climate change and abortion, could give Democrats a boost.

Respondents who say immigration and border security, jobs, and, most importantly, the cost of living are their top concerns have a decided preference for Republican congressional control. For example, those most worried about jobs, prefer GOP control by a 54% to 31% margin. Those most concerned about the cost of living, prefer GOP congressional control by 47% to 38%. However, abortion ranks as the second-biggest concern, and those respondents prefer Democratic control of congress 67% to 24%.

Overall, Americans prefer Republican congressional control by a 44% to 42% margin, but that actually narrowed from a 10-point gap in the prior poll. Both the Republican and Democratic pollsters for the survey say this could be attributed in part to the emergence of abortion as a major issue, though both were skeptical it could have a significant impact on the outcome.

It remains to be seen if intensity on abortion or other social issues remains in place by November, and if inflation continues to be the leading concern.

Check out the full survey.

ATTACHMENT SIX – from NPR

POLL: BLACK, NATIVE AMERICAN AND LATINO FAMILIES FACE SERIOUS PROBLEMS FROM INFLATION

By Will Stone August 8, 2022 5:00 AM ET

Fears of eviction. Trouble affording groceries. Unmet medical needs.

A national poll — from NPR, the Robert Wood Johnson Foundation and the Harvard T.H. Chan School of Public Health — finds those are all too common experiences for high proportions of Black, Latino and Native American adults as the U.S. weathers a grueling stretch of high prices and economic uncertainty.

In fact, more than half of Black and Latino households report the recent price increases driven by inflation have caused them "serious financial problems." It's even higher among Native Americans, with that number rising to more than two-thirds of those surveyed.

The poll's findings, released in a report on Monday, include data from the five largest racial and ethnic groups in the U.S. Altogether, more than 4,100 adults were interviewed between mid May and mid June of this year.

The data underscores that racial and ethnic minorities are having a tough time compared to their white counterparts in some key spheres of American life, particularly with finances, affordable housing, neighborhood safety, education and health care.

Survey shows "acute" financial troubles

While some of the results clearly relate to long-term barriers and inequities, the disparities uncovered in the survey also point to a handful of short-term, pressing problems that are deeply concerning, says Robert J. Blendon, co-director of the survey and emeritus professor at the Harvard T.H. Chan School.

"We've been looking at disparities for many years, but the acute needs caught us a bit off guard," he says. "In this period when we're all suffering from inflation, people are at high risk for either being homeless or actually not being able to feed their families."

In a sense, the impact of economic insecurity is the connective tissue for many of the survey's findings: 55% of Black and 48% of Latino adults say they are currently facing serious financial problems. For white adults, it's 38%.

A majority of Black and Latino households say they don't have emergency savings to cover at least one month of expenses. White adults are also more likely to receive significant financial support from older relatives — help that is usually not available to racial and ethnic minorities.

The poll finds that just about 14% or Black adults and 16% of Latino adults say they have ever received gifts or loans worth $10,000 or more from parents or older relatives.

"People are telling us from their own experiences that a really wide share are just barely making it," says Mary Findling, assistant director of the Harvard Opinion Research Program at Harvard T.H. Chan School of Public Health.

From housing to food, high prices take a toll

The concerns about housing are especially striking.

Across all groups, more than 60% of adults say the lack of affordable housing that's available for them to buy is a serious problem in their neighborhoods. The numbers are not all that different for affordable rental housing.

But when it comes specifically to evictions, the burden is falling heavily on Black renters: 16% say they have either been evicted or threatened with eviction, whereas 9% of white renters who were surveyed reported similar experiences.

Along with housing insecurity, financial problems often mean people have trouble making payments on credit cards or loans or face other serious issues; more than 40% of Black and Native American adults, and 36% of Latinos, say this is the case for them.

Having enough money for even basic necessities is a challenge for many households.

In fact, about a third of Black and Latino adults say they are having serious problems affording food, compared with 21% of white adults. It's highest for Native Americans: Nearly 40% are struggling to put food on the table.

"It reminds me of a statistic I'd read from the 1800s," says Findling. "That's a lot of people who can't afford to eat in America in 2022."

Generally, the poll did not find the same disparities between Asians and white adults as it did among Black, Latino and Native Americans. However, when just lower-income Asians were included — people who earn under $50,000 a year — 46% said they are facing serious financial problems. Specifically, nearly a third of that subpopulation had serious problems paying the rent or mortgage and 28% had serious problems affording food. About half say that a lack of good jobs is a serious problem in their community.

Some still struggle to get medical care

Perhaps unsurprisingly, the high cost of health care in the U.S. is straining family budgets.

More than 20% of Black and Native American adults say affording medical care or prescription drugs is a serious problem for them.

The COVID-19 pandemic profoundly disrupted health care and left many Americans sicker. Routine health care was interrupted, and chronic illnesses often went unmanaged.

Even though the worst of the pandemic has subsided for the health care system, delays in receiving medical care persist for some groups.

Among U.S. households where anyone has been seriously ill, 24% of Black, 18% of Latino and 18% of white households say they were unable to get medical care for serious illnesses when they needed it in the past year. It's even higher, 35%, for Native Americans.

Education and neighborhood safety

Despite the financial troubles, the poll suggests many families still have aspirations for their kids' futures.

The overwhelming majority of households with children who are under 18 believe their children will graduate from college. It's over 80% for every group surveyed.

Yet there are differences that emerge from the data about how parents view the K-12 schools that their children attend. About a third of Black parents of school-age children rate the quality of education in their schools as only fair or poor. That's compared to 24% for white and 22% for Latino households.

"There are lots of surveys and studies that show, because of COVID, the schools closed and kids of all races are really lagging behind educationally," says Blendon. "What our finding shows is that, as kids went back, a substantially higher number of Black parents are saying that their kids' schools are not doing a good job."

When Americans think about their communities, it's not only the quality of schools on their minds, but also safety.

Neighborhood crime is a concern across all racial and ethnic groups, but it's particularly pronounced for minority communities. Of note, more than a third of Black, Latino and Native American adults say crime is currently a serious problem in their own neighborhoods.

Respondents say they are falling behind

There's a broad sense across all groups — but especially Black and Latino adults — that they are not on track in their life. For both groups, half of those polled say they are falling behind in terms of achieving life goals over the past year, compared to 40% of white Americans.

"When you think about where we are compared to the beginning of the pandemic, so many people are not better — they're actually even worse off than we were 2 1/2 years ago," says Findling.

Taken together, the poll makes it clear that racial and ethnic minorities are struggling to keep up while navigating the increasingly tenuous economic situation and the aftershocks of the social upheaval brought on by the COVID-19 pandemic.

"There is a crisis of inflation and also in the public schools," says Blendon. "It's more than just 'We're narrowing gaps' or 'We're not narrowing gaps.' It's that people could really get hurt unless they can get some help here in the next short-term period."

ATTACHMENT SEVEN – from The Hill

NEW BILL WOULD END ENERGY POVERTY IN THE US AND HELP FAMILIES ADJUST TO RISING TEMPERATURES

BY MARK WOLFE, OPINION CONTRIBUTOR - 01/29/22 6:00 PM ET

Last week Sen. Ed Markey (D-Mass.) and Rep. Jamaal Bowman (D-N.Y.) introduced the Heating and Cooling Relief Act, with the specific purpose of ending energy poverty in the United States for low and moderate income families. The intent of the bill is simple: lower income families would no longer have to struggle to pay unaffordable home energy bills. The bill would also establish a “just transition” grant program to ensure lower income households do not get left behind during the clean energy transition by helping them move away from fossil fuels through home retrofits, decarbonization, and renewable energy.

“Energy is simply unaffordable for lower income families.”

The bill would set a cap on the percentage a family would need to spend on home energy. Low income families currently spend an average of 8.6 percent of their income on home energy. The bill would ensure that no family spent more than 3 percent of their income on home energy, which is the same percentage spent by other higher income families. It would also provide states with the flexibility to use program funds to weatherize up to one million units per year.

LIHEAP was passed 40 years ago when the nation was more concerned about helping families pay for high winter heating costs rather than rising temperatures due to climate change. The Markey/Bowman bill would directly address the concern raised by rising temperatures by providing sufficient funds for cooling as well as provide an additional $1 billion in additional assistance to families during periods of extreme heat. Why is that important? Because extreme heat waves are occurring more often. The EPA found that the average heat wave season across 50 cities is now 47 days longer than it was in the 1960s. In addition, EPA reported that extreme heat can be an underlying cause for heat stroke, heart attacks and stroke, especially among the elderly.

The bill would also provide families that are behind on their energy bills with additional protections by requiring utilities that accept program funds to agree to waive late fees and interest charges. Furthermore, such utilities would agree not to shut off a family from power for one year after receiving program funds. The bill would also simplify the application process by allowing families to self-certify for eligibility.

The Heating and Cooling Relief Act deserves the full support of Congress. Low income families need to be protected from rising temperatures and they shouldn’t have to choose between paying for home energy, on the one hand and on the other hand, food, medicine and other essentials of daily living.

Mark Wolfe is an energy economist and serves as the executive director of the National Energy Assistance Directors’ Association (NEADA), representing the state directors of the Low Income Home Energy Assistance Program. He specializes in energy and housing affordability and related finance issues.

ATTACHMENT EIGHT – from the American Prospect

BOWMAN PROPOSES BILL TO RECOMMEND PRICE CONTROLS

New legislation would study corporate profits and give President Biden the authority to impose targeted price controls in sectors like housing and health care.

BY LEE HARRIS AUGUST 4, 2022

A bill set to be introduced in the House tomorrow would create a task force on emergency price stabilization, intended to recommend strategic price controls.

The proposal, led by Rep. Jamaal Bowman (D-NY), would charge a subgroup of the existing Supply Chain Disruptions Task Force with advising the White House on how to respond to high costs and volatility, and would empower President Biden to recommend setting ceilings and floors on prices.

The sub-task force would be granted subpoena power to examine corporate earnings and expenses, focusing on five sectors: housing, health care, food, energy, and transportation. In an interview with the Prospect, Bowman argued that oversight and regulation of the private sector, including preventing runaway prices in strategically important sectors, is part of a healthy democracy.

“This is not about controlling prices across the entire economy. It’s really looking at where price-gouging is happening, where supply chain shortages are happening,” Bowman said. “Giving the American people a look at corporate books.”

Bowman added that he already supports measures to contain costs, including national rent control and the Heating and Cooling Relief Act, a measure to cap utility bills. While the legislation on emergency price stabilization is unlikely to pass, housing groups said it could be a useful tool to push for rent relief. (See above)

“We need people in the president’s administration talking about the rent,” Tara Raghuveer, the director of Kansas City Tenants, told the Prospect of her group’s support for the bill. “I’m not holding my breath that Congress is going to act quickly on this, or much else, right now. We’re going to use this as part of our organizing strategy to push for additional vision and creativity among members of the Biden administration, to explore every avenue they have to institute rent regulation.”

It would not be the first time an American president enacted price controls. During the Second World War, of course, virtually all prices were subject to strict controls under the Office of Price Administration. As economist John Kenneth Galbraith (who worked in the OPA) explained years later, the controls worked well and indeed were central to successful wartime mobilization.

In the 1970s, Congress gave Republican President Richard Nixon the authority to freeze wages and prices through an amendment to the Defense Production Act. The policy was carried out by no less a figure than Dick Cheney, under the supervision of Donald Rumsfeld, as economics researcher Nathan Tankus recently observed. (Responding to criticisms of that policy, and a subsequent jump in inflation, Tankus writes, “To me, the lesson of the Nixon ‘price control’ experience is that you don’t put Richard Nixon, Donald Rumsfeld and Dick Cheney in charge of the economy.”)

Those powers expired in 1974. Bowman’s bill would give Biden new authority to implement strategic price controls. (A subsection would also study whether the president could creatively use existing authorities to manage prices.)

There are competing diagnoses of the recent price increase in food, fuel, and other basic goods. Corporate profits surged as consumer demand recovered after the pandemic, setting off some of the current rise in prices. Many companies have pocketed windfall earnings for shareholders, rather than reinvesting them in greater production. After posting its highest-ever profits for the second quarter in a row last week, Shell announced that it would speed up its share buyback program this year. But it did not increase its capital expenditure plans for 2022.

The government’s principal tool used so far in response has been a blunt instrument: interest rate hikes by the Fed.

Biden voiced criticisms of that capital discipline, jawboning high profits at oil refineries in a letter to fossil fuel executives earlier this summer. The Federal Reserve, meanwhile, has fingered the hot labor market as a culprit for inflation. Chair Jerome Powell said in June that the number of job openings indicates a “real imbalance in wage negotiating.”

Liberal economists have questioned whether labor market power is really driving the high costs, pointing out corporate profits and supply chain shocks due to the war in Ukraine and related trade restrictions. Progressive analysts, including those at the think tank Employ America, also emphasize the role of long-term underinvestment stemming from the weak post-2008 recovery, which they examine in their paper “The Physical Capacity Shortage View of Inflation.”

The government’s principal tool used so far in response has been a blunt instrument: interest rate hikes by the Fed. An emerging debate among policymakers asks whether dampening demand through higher rates will actually alleviate inflation caused by supply shortages—and whether it is fair to make workers bear the pain of an economy stretched thin by war and a pandemic.

“Let’s use a scalpel rather than a sledgehammer,” said Mark Paul, an economist at Rutgers University, who helped write the price controls bill. Isabella Weber, an economist at University of Massachusetts, Amherst whose case for price controls set off a firestorm of debate earlier this year, also advised Bowman’s office closely on the design of the legislation.

“Putting a lid on price is not gonna unblock the Port of L.A. It’s not going to end the war in Ukraine. But at the same time, an exploding price is not going to unblock the port of L.A.,” Weber told the Prospect. “You can prevent prices from shooting up at a time when the price explosion will not have a supply reaction, because there’s an actual, physical barrier, or because you have issued political sanctions, or because the Suez is blocked by a big ship.”

Addressing price hikes driven by supply shortages, in other words, takes time. And if the past few months have shown that a price run-up won’t necessarily persuade executives to invest in more production, the same logic holds in the other direction: Blunting the price signal will not necessarily hold back investments in supply. For instance, Paul said, rent regulation can be designed so that it does not inhibit supply, by renting new construction at fair market value, before price control kicks in.

In Paul’s view, the housing market—where various price regulations already exist in many cities—is the clearest candidate for government involvement to stabilize costs. On price controls for oil, he said, “the jury’s still out.”

Bowman’s bill also states that the task force could recommend establishing price floors, including through purchasing, procurement, and price supports, and could “promote the expansion of relevant productive capacity and, as appropriate, of stockpiles and reserves.”

Raghuveer, the tenant organizer in Kansas City, described a shortage of truly affordable housing, but said that supply problems will take at least three to five years to fix. “That does nothing for the tenant who couldn’t pay rent yesterday,” she said. “Anyone who tells you that a supply-side intervention right now is going to be the answer to the current inflation crisis is lying to you.”

Tax reform, such as corporate taxes proposed in the Inflation Reduction Act, a new compromise between Sens. Chuck Schumer and Joe Manchin, could also help ease inflation. Democratic co-sponsors of the price controls bill include Jan Schakowsky of Illinois, Jerry Nadler of New York, and Rashida Tlaib of Michigan.

Bowman said he was inspired by history to introduce the measure. “The Great Depression and World War II was a time when the American people were going through compounding crises at the same time. In response to that, we did not just implement a windfall profits tax, we also implemented price controls. And we’re going through a similar time right now,” he said.

Bowman acknowledged that calling for price controls could be controversial, but said, “I like ideas that are out there. I think the orthodoxy has left a lot to be desired.”

ATTACHMENT NINE – from the Bureau of Labor Statistics

CONSUMER PRICE INDEX SUMMARY

Transmission of material in this release is embargoed until

8:30 a.m. (ET) August 10, 2022 USDL-22-1625

Technical information: (202) 691-7000 * cpi_info@bls.gov * www.bls.gov/cpi

Media Contact: (202) 691-5902 * PressOffice@bls.gov

CONSUMER PRICE INDEX - JULY 2022 @fix w/ paste A?

The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in July on a seasonally adjusted basis after rising 1.3 percent in June, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 8.5 percent before seasonal adjustment.

The gasoline index fell 7.7 percent in July and offset increases in the food and shelter indexes,

resulting in the all items index being unchanged over the month. The energy index fell 4.6 percent

over the month as the indexes for gasoline and natural gas declined, but the index for electricity

increased. The food index continued to rise, increasing 1.1 percent over the month as the food at

home index rose 1.3 percent.

The index for all items less food and energy rose 0.3 percent in July, a smaller increase than in

April, May, or June. The indexes for shelter, medical care, motor vehicle insurance, household

furnishings and operations, new vehicles, and recreation were among those that increased over the

month. There were some indexes that declined in July, including those for airline fares, used cars

and trucks, communication, and apparel.

The all items index increased 8.5 percent for the 12 months ending July, a smaller figure than the

9.1-percent increase for the period ending June. The all items less food and energy index rose 5.9

percent over the last 12 months. The energy index increased 32.9 percent for the 12 months ending

July, a smaller increase than the 41.6-percent increase for the period ending June. The food index

increased 10.9 percent over the last year, the largest 12-month increase since the period ending

May 1979.

Table A. Percent changes in CPI for All Urban Consumers (CPI-U): U.S. city average
	Seasonally adjusted changes from preceding month							Un- adjusted 12-mos. ended Jul. 2022
	Jan. 2022	Feb. 2022	Mar. 2022	Apr. 2022	May 2022	Jun. 2022	Jul. 2022	Un- adjusted 12-mos. ended Jul. 2022
All items	0.6	0.8	1.2	0.3	1.0	1.3	0.0	8.5
Food	0.9	1.0	1.0	0.9	1.2	1.0	1.1	10.9
Food at home	1.0	1.4	1.5	1.0	1.4	1.0	1.3	13.1
Food away from home(1)	0.7	0.4	0.3	0.6	0.7	0.9	0.7	7.6
Energy	0.9	3.5	11.0	-2.7	3.9	7.5	-4.6	32.9
Energy commodities	-0.6	6.7	18.1	-5.4	4.5	10.4	-7.6	44.9
Gasoline (all types)	-0.8	6.6	18.3	-6.1	4.1	11.2	-7.7	44.0
Fuel oil(1)	9.5	7.7	22.3	2.7	16.9	-1.2	-11.0	75.6
Energy services	2.9	-0.4	1.8	1.3	3.0	3.5	0.1	18.8
Electricity	4.2	-1.1	2.2	0.7	1.3	1.7	1.6	15.2
Utility (piped) gas service	-0.5	1.5	0.6	3.1	8.0	8.2	-3.6	30.5
All items less food and energy	0.6	0.5	0.3	0.6	0.6	0.7	0.3	5.9
Commodities less food and energy commodities	1.0	0.4	-0.4	0.2	0.7	0.8	0.2	7.0
New vehicles	0.0	0.3	0.2	1.1	1.0	0.7	0.6	10.4
Used cars and trucks	1.5	-0.2	-3.8	-0.4	1.8	1.6	-0.4	6.6
Apparel	1.1	0.7	0.6	-0.8	0.7	0.8	-0.1	5.1
Medical care commodities(1)	0.9	0.3	0.2	0.1	0.3	0.4	0.6	3.7
Services less energy services	0.4	0.5	0.6	0.7	0.6	0.7	0.4	5.5
Shelter	0.3	0.5	0.5	0.5	0.6	0.6	0.5	5.7
Transportation services	1.0	1.4	2.0	3.1	1.3	2.1	-0.5	9.2
Medical care services	0.6	0.1	0.6	0.5	0.4	0.7	0.4	5.1
Footnotes (1) Not seasonally adjusted.

Food @go back to x1 and recalibrate... use A?

The food index increased 1.1 percent in July; this was the seventh consecutive monthly increase of 0.9 percent or more. The food at home index rose 1.3 percent in July as all six major grocery store food group indexes increased. The index for nonalcoholic beverages rose the most, increasing 2.3

percent as the index for coffee rose 3.5 percent. The index for other food at home rose 1.8 percent,

as did the index for cereals and bakery products. The index for dairy and related products

increased 1.7 percent over the month. The index for meats, poultry, fish, and eggs rose 0.5 percent

in July after declining in June. The index for fruits and vegetables also increased 0.5 percent

over the month.

The food away from home index rose 0.7 percent in July after rising 0.9 percent in June. The index

for limited service meals increased 0.8 percent and the index for full service meals increased 0.6

percent over the month.

The food at home index rose 13.1 percent over the last 12 months, the largest 12-month increase

since the period ending March 1979. The index for other food at home rose 15.8 percent and the

index for cereals and bakery products increased 15.0 percent over the year. The remaining major

grocery store food groups posted increases ranging from 9.3 percent (fruits and vegetables) to 14.9

percent (dairy and related products).

The index for food away from home rose 7.6 percent over the last year. The index for full service

meals rose 8.9 percent over the last 12 months, and the index for limited service meals rose 7.2

percent over the last year.

Energy

The energy index fell 4.6 percent in July after rising 7.5 percent in June. The gasoline index fell

7.7 percent over the month following an 11.2-percent increase in June. (Before seasonal adjustment,

gasoline prices fell 7.7 percent in July.) The index for natural gas declined in July after sharp

recent increases, falling 3.6 percent. However, the electricity index increased in July, rising 1.6

percent, its third consecutive monthly increase of at least 1.3 percent.

The energy index rose 32.9 percent over the past 12 months. The gasoline index increased 44.0

percent over the span and the fuel oil index rose 75.6 percent. The index for electricity rose 15.2

percent, the largest 12-month increase since the period ending February 2006. The index for natural

gas increased 30.5 percent over the last 12 months.

All items less food and energy

The index for all items less food and energy rose 0.3 percent in July after increasing 0.7 percent

in June. The shelter index continued to rise but did post a smaller increase than the prior month,

increasing 0.5 percent in July compared to 0.6 percent in June. The rent index rose 0.7 percent in

July and the owners' equivalent rent index rose 0.6 percent. The index for lodging away from home

continued to decline, falling 2.7 percent in July after a 2.8-percent decrease in June.

The medical care index rose 0.4 percent in July after rising 0.7 percent in June as major medical

care component indexes continued to increase. The index for hospital services increased 0.5 percent

over the month, while the indexes for physicians' services and for prescription drugs both

increased 0.3 percent in July.

The index for motor vehicle insurance continued to increase, rising 1.3 percent in July after

increasing 1.9 percent in June. The index for household furnishings and operations rose 0.6 percent

after increasing 0.4 percent in June. The new vehicles index also increased 0.6 percent in July,

and the recreation index rose 0.3 percent over the month. Other indexes that increased in July

include personal care (+0.4 percent), alcoholic beverages (+0.5 percent), tobacco (+0.3 percent),

and education (+0.1 percent).

The index for airline fares fell sharply in July, decreasing 7.8 percent. The index for used cars

and trucks also declined over the month, falling 0.4 percent after rising in May and June. The

communication index fell 0.4 percent in July, and the apparel index fell 0.1 percent after rising

the prior two months.

The index for all items less food and energy rose 5.9 percent over the past 12 months, the same

increase as the period ending June. The shelter index rose 5.7 percent over the last year,

accounting for about 40 percent of the total increase in all items less food and energy. Several

transportation indexes also rose notably over the last year, including new vehicles (+10.4 percent),

used cars and trucks (+6.6 percent), motor vehicle insurance (+7.4 percent), and airline fares

(+27.7 percent).

Not seasonally adjusted CPI measures

The Consumer Price Index for All Urban Consumers (CPI-U) increased 8.5 percent over the last 12

months to an index level of 296.276 (1982-84=100). For the month, the index was unchanged prior to

seasonal adjustment.

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 9.1 percent

over the last 12 months to an index level of 292.219 (1982-84=100). For the month, the index

declined 0.1 percent prior to seasonal adjustment.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 8.0 percent over the

last 12 months. For the month, the index increased 0.1 percent on a not seasonally adjusted basis.

Please note that the indexes for the past 10 to 12 months are subject to revision.

_______________

The Consumer Price Index for August 2022 is scheduled to be released on Tuesday, September 13, 2022 at 8:30 a.m. (ET).

Technical Note

Brief Explanation of the CPI

The Consumer Price Index (CPI) measures the change in prices paid by consumers for goods

and services. The CPI reflects spending patterns for each of two population groups: all

urban consumers and urban wage earners and clerical workers. The all urban consumer group

represents about 93 percent of the total U.S. population. It is based on the expenditures

of almost all residents of urban or metropolitan areas, including professionals, the self

-employed, the poor, the unemployed, and retired people, as well as urban wage earners

and clerical workers. Not included in the CPI are the spending patterns of people living

in rural nonmetropolitan areas, farming families, people in the Armed Forces, and those

in institutions, such as prisons and mental hospitals. Consumer inflation for all urban

consumers is measured by two indexes, namely, the Consumer Price Index for All Urban

Consumers (CPI-U) and the Chained Consumer Price Index for All Urban Consumers (C-CPI-U).

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) is based on

the expenditures of households included in the CPI-U definition that meet two requirements:

more than one-half of the household's income must come from clerical or wage occupations,

and at least one of the household's earners must have been employed for at least 37 weeks

during the previous 12 months. The CPI-W population represents about 29 percent of the

total U.S. population and is a subset of the CPI-U population.

The CPIs are based on prices of food, clothing, shelter, fuels, transportation, doctors'

and dentists' services, drugs, and other goods and services that people buy for day-to-day

living. Prices are collected each month in 75 urban areas across the country from about

6,000 housing units and approximately 22,000 retail establishments (department stores,

supermarkets, hospitals, filling stations, and other types of stores and service

establishments). All taxes directly associated with the purchase and use of items are

included in the index. Prices of fuels and a few other items are obtained every month in

all 75 locations. Prices of most other commodities and services are collected every month

in the three largest geographic areas and every other month in other areas. Prices of most

goods and services are obtained by personal visit, telephone call, or web collection by the

Bureau's trained representatives.

In calculating the index, price changes for the various items in each location are

aggregated using weights, which represent their importance in the spending of the

appropriate population group. Local data are then combined to obtain a U.S. city average.

For the CPI-U and CPI-W, separate indexes are also published by size of city, by region of

the country, for cross-classifications of regions and population-size classes, and for 23

selected local areas. Area indexes do not measure differences in the level of prices among

cities; they only measure the average change in prices for each area since the base period.

For the C-CPI-U, data are issued only at the national level. The CPI-U and CPI-W are

considered final when released, but the C-CPI-U is issued in preliminary form and subject

to three subsequent quarterly revisions.

The index measures price change from a designed reference date. For most of the CPI-U and

the CPI-W, the reference base is 1982-84 equals 100. The reference base for the C-CPI-U is

December 1999 equals 100. An increase of 7 percent from the reference base, for example,

is shown as 107.000. Alternatively, that relationship can also be expressed as the price

of a base period market basket of goods and services rising from $100 to $107.

Sampling Error in the CPI

The CPI is a statistical estimate that is subject to sampling error because it is based

upon a sample of retail prices and not the complete universe of all prices. BLS calculates

and publishes estimates of the 1-month, 2-month, 6-month, and 12-month percent change

standard errors annually for the CPI-U. These standard error estimates can be used to

construct confidence intervals for hypothesis testing. For example, the estimated standard

error of the 1-month percent change is 0.03 percent for the U.S. all items CPI. This means

that if we repeatedly sample from the universe of all retail prices using the same

methodology, and estimate a percentage change for each sample, then 95 percent of these

estimates will be within 0.06 percent of the 1-month percentage change based on all retail

prices. For example, for a 1-month change of 0.2 percent in the all items CPI-U, we are 95

percent confident that the actual percent change based on all retail prices would fall

between 0.14 and 0.26 percent. For the latest data, including information on how to use

the estimates of standard error, see www.bls.gov/cpi/tables/variance-estimates/home.htm.

Calculating Index Changes

Movements of the indexes from 1 month to another are usually expressed as percent changes

rather than changes in index points, because index point changes are affected by the level

of the index in relation to its base period, while percent changes are not. The following

table shows an example of using index values to calculate percent changes:

Item A Item B Item C

Year I 112.500 225.000 110.000

Year II 121.500 243.000 128.000

Change in index points 9.000 18.000 18.000

Percent change 9.0/112.500 x 100 = 8.0 18.0/225.000 x 100 = 8.0 18.0/110.000 x 100 = 16.4

Use of Seasonally Adjusted and Unadjusted Data

The Consumer Price Index (CPI) produces both unadjusted and seasonally adjusted data.

Seasonally adjusted data are computed using seasonal factors derived by the X-13ARIMA-SEATS

seasonal adjustment method. These factors are updated each February, and the new factors are

used to revise the previous 5 years of seasonally adjusted data. The factors are available

at www.bls.gov/cpi/tables/seasonal-adjustment/seasonal-factors-2022.xlsx. For more

information on data revision scheduling, please see the Factsheet on Seasonal Adjustment at

www.bls.gov/cpi/seasonal-adjustment/questions-and-answers.htm and the Timeline of Seasonal

Adjustment Methodological Changes at

www.bls.gov/cpi/seasonal-adjustment/timeline-seasonal-adjustment-methodology-changes.htm.

For analyzing short-term price trends in the economy, seasonally adjusted changes are usually

preferred since they eliminate the effect of changes that normally occur at the same time and

in about the same magnitude every year-such as price movements resulting from weather events,

production cycles, model changeovers, holidays, and sales. This allows data users to focus on

changes that are not typical for the time of year. The unadjusted data are of primary interest

to consumers concerned about the prices they actually pay. Unadjusted data are also used

extensively for escalation purposes. Many collective bargaining contract agreements and pension

plans, for example, tie compensation changes to the Consumer Price Index before adjustment for

seasonal variation. BLS advises against the use of seasonally adjusted data in escalation

agreements because seasonally adjusted series are revised annually.

Intervention Analysis

The Bureau of Labor Statistics uses intervention analysis seasonal adjustment (IASA) for some

CPI series. Sometimes extreme values or sharp movements can distort the underlying seasonal

pattern of price change. Intervention analysis seasonal adjustment is a process by which the

distortions caused by such unusual events are estimated and removed from the data prior to

calculation of seasonal factors. The resulting seasonal factors, which more accurately represent

the seasonal pattern, are then applied to the unadjusted data.

For example, this procedure was used for the motor fuel series to offset the effects of the 2009

return to normal pricing after the worldwide economic downturn in 2008. Retaining this outlier

data during seasonal factor calculation would distort the computation of the seasonal portion

of the time series data for motor fuel, so it was estimated and removed from the data prior to

seasonal adjustment. Following that, seasonal factors were calculated based on this "prior

adjusted" data. These seasonal factors represent a clearer picture of the seasonal pattern in

the data. The last step is for motor fuel seasonal factors to be applied to the unadjusted data.

For the seasonal factors introduced for January 2022, BLS adjusted 72 series using intervention

analysis seasonal adjustment, including selected food and beverage items, motor fuels, electricity,

and vehicles.

Revision of Seasonally Adjusted Indexes

Seasonally adjusted data, including the U.S. city average all items index levels, are subject to

revision for up to 5 years after their original release. Every year, economists in the CPI

calculate new seasonal factors for seasonally adjusted series and apply them to the last 5 years

of data. Seasonally adjusted indexes beyond the last 5 years of data are considered to be final

and not subject to revision. For January 2022, revised seasonal factors and seasonally adjusted

indexes for 2017 to 2021 were calculated and published. For series which are directly adjusted

using the Census X-13ARIMA-SEATS seasonal adjustment software, the seasonal factors for 2021 will

be applied to data for 2022 to produce the seasonally adjusted 2022 indexes. Series which are

indirectly seasonally adjusted by summing seasonally adjusted component series have seasonal

factors which are derived and are therefore not available in advance.

Determining Seasonal Status

Each year the seasonal status of every series is reevaluated based upon certain statistical

criteria. Using these criteria, BLS economists determine whether a series should change its

status from "not seasonally adjusted" to "seasonally adjusted", or vice versa. If any of the 81

components of the U.S. city average all items index change their seasonal adjustment status from

seasonally adjusted to not seasonally adjusted, not seasonally adjusted data will be used in the

aggregation of the dependent series for the last 5 years, but the seasonally adjusted indexes

before that period will not be changed. For 2022, 22 of the 81 components of the U.S. city

average all items index are seasonally adjusted.

Contact Information

For additional information about the CPI visit www.bls.gov/cpi or contact the CPI Information and

Analysis Section at 202-691-7000 or cpi_info@bls.gov.

And see further data at these...

Table 1. Consumer Price Index for All Urban Consumers (CPI-U): U. S. city average, by expenditure category

Table 2. Consumer Price Index for All Urban Consumers (CPI-U): U. S. city average, by detailed expenditure category

Table 3. Consumer Price Index for All Urban Consumers (CPI-U): U. S. city average, special aggregate indexes

Table 4. Consumer Price Index for All Urban Consumers (CPI-U): Selected areas, all items index

Table 5. Chained Consumer Price Index for All Urban Consumers (C-CPI-U) and the Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average, all items index

Table 6. Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average, by expenditure category, 1-month analysis table

Table 7. Consumer Price Index for All Urban Consumers (CPI-U): U.S. city average, by expenditure category, 12-month analysis table

HTML version of the entire news release

ATTACHMENT TEN – From fao.org

FAO FOOD PRICE INDEX

The FAO Food Price Index (FFPI) is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices weighted by the average export shares of each of the groups over 2014-2016. A feature article published in the June 2020 edition of the Food Outlook presents the revision of the base period for the calculation of the FFPI and the expansion of its price coverage, to be introduced from July 2020. A November 2013 article contains technical background on the previous construction of the FFPI.

Monthly release dates for 2022: 6 January, 3 February, 4 March, 8 April, 6 May, 3 June, 8 July, 5 August, 2 September, 7 October, 4 November, 2 December.

FAO Food Price Index registered a steep drop in July

Release date: 05/08/2022

» The FAO Food Price Index* (FFPI) averaged 140.9 points in July 2022, down 13.3 points (8.6 percent) from June, marking the fourth consecutive monthly decline. Nevertheless, it remained 16.4 points (13.1 percent) above its value in the corresponding month last year. The July decline was the steepest monthly fall in the value of the index since October 2008, led by significant drops in vegetable oil and cereal indices, while those of sugar, dairy and meat also fell but to a lesser extent.

@conform chart

ATTACHMENT ELEVEN – World Food Price Index

From TradingEconomics July 2022 Data - 1990-2021 Historical - August Forecast

The FAO Food Price Index declined 8.6% month-over-month to 140.9 points in July 2022, the steepest fall since October 2018. Prices of cereals dropped 11.5%, led by a 14.5% decrease in wheat cost as seasonal availability from ongoing harvests increased and the agreement has been reached between Ukraine and the Russian Federation to unblock Ukraine’s main Black Sea ports. Also, the vegetable oil price index was 19.2% lower due to falling prices across palm, soy, rapeseed, and sunflower oils. At the same time, the cost of sugar went down 3.8%, the third consecutive monthly decline and reaching a five-month low. Looking further, prices of dairy decreased by 2.5% with quotations for skim milk powder declining the most, followed by those of butter and whole milk powder, principally reflecting lackluster market activities in Europe due to the summer holidays. The meat index went down 0.5%, the first month-on-month decline following six consecutive monthly increases. source: Food and Agriculture Organization of the United Nations

Calendar	GMT	Reference		Actual	Previous
2022-07-08	08:00 AM		Jun	154.2	157.9
2022-08-05	08:00 AM		Jul	140.9	154.3
2022-09-02	08:00 AM		Aug		140.9

Related	Last	Previous	Unit	Reference
Sugar Price Index	117.30	120.40	Index Points	Jun 2022
Oils Price Index	211.80	229.20	Index Points	Jun 2022
Meat Price Index	124.70	122.70	Index Points	Jun 2022
Dairy Price Index	149.80	143.90	Index Points	Jun 2022
Cereals Price Index	166.30	173.50	Index Points	Jun 2022

World Food Price Index

The FAO Food Price Index (FFPI) is a measure of the monthly change in international prices of a basket of food commodities. It consists of the average of five commodity group price indices weighted by the average export shares of each of the groups over 2014-2016. The FFPI is calculated as the trade-weighted average of the prices of food commodities spanning the key agricultural markets for cereals, vegetable oils, sugar, meat and dairy products. While these commodities represent about 40 percent of gross agricultural food commodity trade (FAOSTAT), they are chosen for their high and strategic importance in global food security and trade.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	140.90	154.30	159.70	50.50	1990 - 2022	Index Points	Monthly	2014-2016=100

Food Prices Fall the Most since 2018

2022-08-05

World Food Prices Continue to Ease

The FAO Food Price Index continued to decline for a third month running to 154.2 in June of 2022 from an upwardly revised 157.9 in May. Prices of cereals fell 4.1%, with wheat cost sinking 5.7% on seasonal availability from new harvests in the northern hemisphere, improved crop conditions in some ma... more

2022-07-08

World Food Prices Slow for 2nd Month

The FAO Food Price Index dropped 0.6% mom to 157.4 in May of 2022, the second month of declines, but still remained close to a record high of 159.7 points hit in March. Main decreases were seen in the vegetable oil index (-3.5%), amid lower prices across palm, sunflower, soy, and rapeseed oils, due ... more

2022-06-03

ATTACHMENT TWELVE – from News Nation

@ expand and, if possible, update

BEST AND WORST US STATES TO LIVE IN AS INFLATION KEEPS RISING

By Nick Smith Posted: JUL 14, 2022 / 10:46 AM CDT | Updated: JUL 15, 2022 / 07:56 AM CDT

CHICAGO (NewsNation) — From the grocery store to the gas pump, inflation is nearly impossible to escape. Yet, as it continues to climb, some states are faring a little bit better than others.

The states that are managing inflation the best are the states where it is least expensive to live because historically, inflation has been the cheapest in those states. That’s due to a combination of factors, including regional inflation rates from the federal government to the cost of living index.

Inflation: Which prices have risen the most?

Here are the top 10 cheapest states to live in as inflation surges, according to CNBC’s exclusive America’s Top States for Business study, which ranks the states based on an index price for a broad range of goods and services.

1. Mississippi

2. Kansas

3. Alabama

4. Georgia

5. Tennessee

6. Missouri

7. Iowa

8. West Virginia

9. Indiana

10. Arkansas

NewsNation’s Nick Smith compared the cost of living in two cities with the same name but have nothing in common — Manhattan, Kansas and Manhattan, New York.

The cost of an average home in Manhattan, Kansas is $176,000, while the average rent is $860. Compare that to Manhattan, New York, the average home price is $1.4 million, and if you’re lucky, you can find an apartment for $4,200.

Meanwhile, inflation is hitting these 10 states the hardest:

1. Hawaii

2. New York

3. California

4. Massachusetts

5. Oregon

6. Alaska

7. Maryland

8. Connecticut

9. Rhode Island

10. Vermont

ATTACHMENT THIRTEEN – from devex.com

WORLD BANK DATA SHOWS WHERE FOOD INFLATION IS HITTING HARDEST

By Shabtai Gold // 01 August 2022

Food price hikes are far exceeding overall inflation, with low- and middle-income countries getting hit hardest — though prices are high across the globe, the World Bank said Monday in a new food security update that included a list of nations seeing the worst price increases.

Bottom of Form

Lebanon topped the ranking with 122% food inflation in real terms, compared with the same period last year. This was followed by Zimbabwe with 23%. A wide range of countries defined as middle-income also made the list, such as Sri Lanka, Turkey, and Iran.

The bank said that seven countries face a particular risk of overlapping food and debt crises — including Afghanistan, Mauritania, Somalia, Tajikistan, and Yemen — highlighting how the dual concern is affecting multiple regions.

How bad is it?: About 94% of low-income countries, 89% of lower-middle-income countries, and 89% of upper-middle-income countries have nominal food inflation levels above 5% compared with the previous year.

Eastern and southern Africa will likely see conditions worsen in the coming months. South Sudan and Sudan face the risk of famine, and the Democratic Republic of Congo and Ethiopia are also seeing food security deteriorate.

So far, East Asian and Pacific countries have been more insulated from the crisis, but elevated energy prices may cause trouble in the second half of the year, increasing concerns over social risks. Potential problems around rice outputs are being closely watched.

What richer nations can do: The bank said aid can be a solution, providing governments in stricken countries with the ability to get cash transfers to the most vulnerable.

Export bans: The war in Ukraine has made the food security situation worse — so far, just one ship has left Ukraine’s ports with grain under a United Nations deal — and also led to a surge in trade restrictions. The bank tracked 18 countries that implemented 27 food export bans, while seven imposed export limits.

ATTACHMENT FOURTEEN – from rateinflation.com

AMERICAN INFLATION RATES: 1914 TO 2022

See updates at: https://www.rateinflation.com/inflation-rate/usa-historical-inflation-rate/

Historical inflation rates for United States of America

Updated: August 10, 2022

Next update: September 13, 2022

Year		Jan		Feb		Mar		Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2022		7.480%		7.871%		8.542%		8.259%	8.582%	9.060%	8.525%
2021		1.400%		1.676%		2.620%		4.160%	4.993%	5.391%	5.365%	5.251%	5.390%	6.222%	6.809%	7.036%	4.698%
2020		2.487%		2.335%		1.539%		0.329%	0.118%	0.646%	0.986%	1.310%	1.371%	1.182%	1.175%	1.362%	1.234%
2019		1.551%		1.520%		1.863%		1.996%	1.790%	1.648%	1.811%	1.750%	1.711%	1.764%	2.051%	2.285%	1.812%
2018		2.071%		2.212%		2.360%		2.463%	2.801%	2.872%	2.950%	2.699%	2.277%	2.522%	2.177%	1.910%	2.443%
2017		2.500%		2.738%		2.381%		2.200%	1.872%	1.625%	1.720%	1.939%	2.233%	2.041%	2.203%	2.109%	2.128%
2016		1.373%		1.018%		0.853%		1.125%	1.022%	1.006%	0.835%	1.063%	1.464%	1.636%	1.693%	2.075%	1.263%
2015		-0.089%		-0.025%		-0.074%		-0.200%	-0.040%	0.124%	0.170%	0.195%	-0.036%	0.171%	0.502%	0.730%	0.119%
2014		1.579%		1.126%		1.512%		1.953%	2.127%	2.072%	1.992%	1.700%	1.658%	1.664%	1.322%	0.756%	1.622%
2013		1.595%		1.978%		1.474%		1.063%	1.362%	1.754%	1.961%	1.518%	1.185%	0.964%	1.237%	1.502%	1.465%
2012		2.925%		2.871%		2.651%		2.303%	1.704%	1.664%	1.408%	1.692%	1.991%	2.162%	1.764%	1.741%	2.069%
2011		1.632%		2.108%		2.682%		3.164%	3.569%	3.559%	3.629%	3.771%	3.868%	3.525%	3.394%	2.962%	3.157%
2010		2.626%		2.143%		2.314%		2.236%	2.021%	1.053%	1.235%	1.148%	1.144%	1.172%	1.143%	1.496%	1.640%
2009		0.030%		0.236%		-0.384%		-0.737%	-1.281%	-1.427%	-2.097%	-1.484%	-1.286%	-0.183%	1.838%	2.721%	-0.356%
2008		4.280%		4.027%		3.981%		3.937%	4.176%	5.022%	5.600%	5.372%	4.937%	3.655%	1.070%	0.091%	3.839%
2007		2.076%		2.415%		2.779%		2.574%	2.691%	2.687%	2.358%	1.970%	2.755%	3.536%	4.306%	4.081%	2.853%
2006		3.985%		3.597%		3.363%		3.546%	4.167%	4.319%	4.145%	3.819%	2.062%	1.305%	1.974%	2.541%	3.226%
2005		2.970%		3.008%		3.148%		3.511%	2.803%	2.530%	3.168%	3.641%	4.687%	4.348%	3.455%	3.416%	3.393%
2004		1.926%		1.693%		1.737%		2.285%	3.052%	3.266%	2.991%	2.654%	2.538%	3.189%	3.523%	3.256%	2.677%
2003		2.597%		2.981%		3.020%		2.225%	2.058%	2.112%	2.110%	2.158%	2.320%	2.041%	1.765%	1.879%	2.270%
2002		1.142%		1.138%		1.476%		1.639%	1.182%	1.067%	1.465%	1.803%	1.514%	2.026%	2.198%	2.377%	1.586%
2001		3.732%		3.534%		2.921%		3.269%	3.615%	3.248%	2.720%	2.720%	2.648%	2.126%	1.895%	1.552%	2.826%
2000		2.739%		3.222%		3.758%		3.069%	3.189%	3.730%	3.659%	3.411%	3.454%	3.448%	3.446%	3.387%	3.377%
1999		1.671%		1.606%		1.726%		2.277%	2.088%	1.963%	2.145%	2.264%	2.628%	2.561%	2.622%	2.685%	2.188%
1998		1.571%		1.441%		1.375%		1.436%	1.686%	1.684%	1.682%	1.617%	1.489%	1.485%	1.548%	1.612%	1.552%
1997		3.044%		3.034%		2.762%		2.495%	2.235%	2.297%	2.229%	2.225%	2.155%	2.085%	1.828%	1.702%	2.338%
1996		2.728%		2.651%		2.840%		2.897%	2.891%	2.754%	2.951%	2.878%	3.003%	2.993%	3.255%	3.322%	2.931%
1995		2.804%		2.863%		2.853%		3.053%	3.186%	3.041%	2.763%	2.617%	2.544%	2.809%	2.605%	2.538%	2.805%
1994		2.525%		2.516%		2.507%		2.361%	2.288%	2.493%	2.770%	2.901%	2.963%	2.608%	2.675%	2.675%	2.607%
1993		3.259%		3.247%		3.087%		3.226%	3.221%	2.996%	2.776%	2.768%	2.689%	2.750%	2.676%	2.748%	2.952%
1992		2.600%		2.819%		3.185%		3.180%	3.024%	3.088%	3.157%	3.148%	2.988%	3.202%	3.048%	2.901%	3.029%
1991		5.651%		5.313%		4.895%		4.888%	4.954%	4.696%	4.448%	3.799%	3.391%	2.921%	2.990%	3.064%	4.235%
1990		5.202%		5.263%		5.233%		4.712%	4.362%	4.674%	4.823%	5.618%	6.160%	6.290%	6.275%	6.106%	5.398%
1989		4.667%		4.828%		4.979%		5.124%	5.362%	5.169%	4.979%	4.706%	4.341%	4.493%	4.655%	4.647%	4.827%
1988		4.047%		3.943%		3.925%		3.904%	3.890%	3.965%	4.130%	4.021%	4.174%	4.250%	4.246%	4.419%	4.078%
1987		1.460%		2.104%		3.033%		3.775%	3.857%	3.653%	3.927%	4.284%	4.356%	4.533%	4.529%	4.434%	3.665%
1986		3.886%		3.113%		2.256%		1.590%	1.491%	1.766%	1.577%	1.574%	1.754%	1.472%	1.284%	1.098%	1.898%
1985		3.533%		3.516%		3.704%		3.686%	3.772%	3.761%	3.554%	3.349%	3.143%	3.229%	3.514%	3.799%	3.546%
1984		4.192%		4.597%		4.801%		4.564%	4.234%	4.221%	4.204%	4.291%	4.270%	4.257%	4.051%	3.949%	4.301%
1983		3.712%		3.488%		3.598%		3.899%	3.549%	2.577%	2.462%	2.559%	2.860%	2.851%	3.265%	3.791%	3.212%
1982		8.391%		7.622%		6.780%		6.510%	6.682%	7.064%	6.441%	5.850%	5.043%	5.139%	4.589%	3.830%	6.131%
1981		11.825%		11.407%		10.487%		10.000%	9.780%	9.553%	10.762%	10.804%	10.952%	10.142%	9.591%	8.922%	10.335%
1980		13.909%		14.182%		14.756%		14.731%	14.406%	14.385%	13.133%	12.873%	12.601%	12.766%	12.648%	12.516%	13.549%
1979		9.280%		9.857%		10.095%		10.485%	10.853%	10.890%	11.263%	11.818%	12.180%	12.072%	12.611%	13.294%	11.254%
1978		6.838%		6.430%		6.555%		6.500%	6.965%	7.414%	7.705%	7.843%	8.306%	8.929%	8.885%	9.018%	7.631%
1977		5.216%		5.914%		6.440%		6.952%	6.726%	6.866%	6.830%	6.620%	6.597%	6.390%	6.724%	6.701%	6.502%
1976		6.718%		6.286%		6.072%		6.049%	6.203%	5.970%	5.351%	5.709%	5.495%	5.464%	4.882%	4.865%	5.745%
1975		11.803%		11.229%		10.251%		10.208%	9.465%	9.388%	9.717%	8.600%	7.905%	7.436%	7.379%	6.936%	9.143%
1974		9.390%		10.023%		10.393%		10.092%	10.706%	10.860%	11.512%	10.865%	11.947%	12.061%	12.200%	12.338%	11.055%
1973		3.650%		3.874%		4.589%		5.060%	5.529%	5.995%	5.728%	7.381%	7.363%	7.801%	8.255%	8.706%	6.178%
1972		3.266%		3.509%		3.500%		3.491%	3.226%	2.709%	2.948%	2.941%	3.186%	3.423%	3.667%	3.406%	3.272%
1971		5.291%		5.000%		4.712%		4.156%	4.404%	4.639%	4.359%	4.615%	4.082%	3.807%	3.283%	3.266%	4.293%
1970		6.180%		6.145%		5.817%		6.061%	6.044%	6.011%	5.978%	5.405%	5.660%	5.630%	5.600%	5.570%	5.838%
1969		4.399%		4.678%		5.248%		5.523%	5.507%	5.476%	5.444%	5.714%	5.698%	5.666%	5.932%	6.197%	5.462%
1968		3.647%		3.951%		3.939%		3.927%	3.916%	4.204%	4.491%	4.478%	4.464%	4.748%	4.734%	4.720%	4.272%
1967		3.459%		2.812%		2.804%		2.477%	2.786%	2.778%	2.769%	2.446%	2.752%	2.432%	2.736%	3.040%	2.773%
1966		1.923%		2.564%		2.556%		2.866%	2.866%	2.532%	2.848%	3.481%	3.481%	3.785%	3.785%	3.459%	3.015%
1965		0.971%		0.971%		1.294%		1.618%	1.618%	1.935%	1.608%	1.935%	1.608%	1.929%	1.603%	1.923%	1.585%
1964		1.645%		1.645%		1.311%		1.311%	1.311%	1.307%	1.303%	0.977%	1.303%	0.974%	1.299%	0.971%	1.279%
1963		1.333%		0.997%		1.329%		0.993%	0.993%	1.325%	1.320%	1.320%	0.987%	1.316%	1.316%	1.645%	1.240%
1962		0.671%		1.007%		1.007%		1.342%	1.342%	1.342%	1.000%	1.338%	1.333%	1.333%	1.333%	1.333%	1.199%
1961		1.706%		1.361%		1.361%		1.017%	1.017%	0.676%	1.351%	1.014%	1.351%	0.671%	0.671%	0.671%	1.071%
1960		1.034%		1.730%		1.730%		1.724%	1.724%	1.718%	1.370%	1.370%	1.024%	1.361%	1.361%	1.361%	1.458%
1959		1.399%		1.049%		0.347%		0.346%	0.346%	0.692%	0.690%	1.038%	1.384%	1.730%	1.379%	1.730%	1.011%
1958		3.623%		3.249%		3.597%		3.584%	3.214%	2.847%	2.473%	2.120%	2.120%	2.120%	2.113%	1.761%	2.729%
1957		2.985%		3.358%		3.731%		3.717%	3.704%	3.309%	3.285%	3.663%	3.285%	2.909%	3.273%	2.899%	3.342%
1956		0.375%		0.375%		0.375%		0.749%	1.124%	1.873%	2.239%	1.866%	1.859%	2.230%	2.230%	2.985%	1.525%
1955		-0.743%		-0.743%		-0.743%		-0.373%	-0.743%	-0.743%	-0.372%	-0.372%	0.373%	0.373%	0.373%	0.375%	-0.279%
1954		1.128%		1.509%		1.128%		0.752%	0.749%	0.373%	0.373%	0.000%	-0.372%	-0.741%	-0.372%	-0.743%	0.311%
1953		0.377%		0.760%		1.141%		0.758%	1.136%	1.132%	0.375%	0.749%	0.749%	1.124%	0.749%	0.749%	0.816%
1952		4.331%		2.335%		1.938%		2.326%	1.931%	2.317%	3.089%	3.089%	2.299%	1.908%	1.136%	0.755%	2.279%
1951		8.085%		9.362%		9.322%		9.322%	9.283%	8.824%	7.469%	6.584%	6.967%	6.504%	6.883%	6.000%	7.860%
1950		-2.083%		-1.261%		-0.840%		-1.255%	-0.420%	-0.418%	1.688%	2.101%	2.092%	3.797%	3.782%	5.932%	1.085%
1949		1.266%		1.277%		1.709%		0.420%	-0.418%	-0.830%	-2.869%	-2.857%	-2.449%	-2.869%	-1.653%	-2.075%	-0.971%
1948		10.233%		9.302%		6.849%		8.676%	9.132%	9.545%	9.910%	8.889%	6.522%	6.087%	4.762%	2.991%	7.689%
1947		18.132%		18.785%		19.672%		19.022%	18.378%	17.647%	12.121%	11.386%	12.745%	10.577%	8.451%	8.837%	14.389%
1946		2.247%		1.685%		2.809%		3.371%	3.352%	3.315%	9.392%	11.602%	12.707%	14.917%	17.680%	18.132%	8.476%
1945		2.299%		2.299%		2.299%		1.714%	2.286%	2.841%	2.260%	2.260%	2.260%	2.260%	2.260%	2.247%	2.274%
1944		2.959%		2.959%		1.163%		0.575%	0.000%	0.571%	1.724%	2.312%	1.724%	1.724%	1.724%	2.299%	1.637%
1943		7.643%		6.962%		7.500%		8.075%	7.362%	7.362%	6.098%	4.848%	5.455%	4.192%	3.571%	2.959%	5.969%
1942		11.348%		12.057%		12.676%		12.587%	13.194%	10.884%	11.565%	10.738%	9.272%	9.150%	9.091%	9.032%	10.922%
1941		1.439%		0.714%		1.429%		2.143%	2.857%	4.255%	5.000%	6.429%	7.857%	9.286%	10.000%	9.929%	5.116%
1940		-0.714%		0.719%		0.719%		1.449%	1.449%	2.174%	1.449%	1.449%	-0.709%	0.000%	0.000%	0.714%	0.719%
1939		-1.408%		-1.418%		-1.418%		-2.817%	-2.128%	-2.128%	-2.128%	-2.128%	0.000%	0.000%	0.000%	0.000%	-1.301%
1938		0.709%		0.000%		-0.704%		-0.699%	-2.083%	-2.083%	-2.759%	-2.759%	-3.425%	-4.110%	-3.448%	-2.778%	-2.028%
1937		2.174%		2.174%		3.650%		4.380%	5.109%	4.348%	4.317%	3.571%	4.286%	4.286%	3.571%	2.857%	3.726%
1936		1.471%		0.730%		0.000%		-0.725%	-0.725%	0.730%	1.460%	2.190%	2.190%	2.190%	1.449%	1.449%	1.032%
1935		3.030%		3.008%		3.008%		3.759%	3.759%	2.239%	2.239%	2.239%	0.735%	1.481%	2.222%	2.985%	2.553%
1934		2.326%		4.724%		5.556%		5.556%	5.556%	5.512%	2.290%	1.515%	3.030%	2.273%	2.273%	1.515%	3.479%
1933		-9.790%		-9.929%		-10.000%		-9.353%	-8.029%	-6.618%	-3.676%	-2.222%	-1.493%	-0.752%	0.000%	0.763%	-5.192%
1932		-10.063%		-10.191%		-10.256%		-10.323%	-10.458%	-9.934%	-9.934%	-10.596%	-10.667%	-10.738%	-10.204%	-10.274%	-10.301%
	1931		-7.018%		-7.647%		-7.692%	-8.824%	-9.467%	-10.119%	-9.036%	-8.485%	-9.639%	-9.697%	-10.366%	-9.317%	-8.932%
	1930		0.000%		-0.585%		-0.588%	0.592%	-0.588%	-1.754%	-4.046%	-4.624%	-4.046%	-4.624%	-5.202%	-6.395%	-2.671%
	1929		-1.156%		0.000%		-0.585%	-1.170%	-1.163%	0.000%	1.170%	1.170%	0.000%	0.581%	0.581%	0.585%	0.000%
	1928		-1.143%		-1.724%		-1.156%	-1.156%	-1.149%	-2.841%	-1.156%	-0.581%	0.000%	-1.149%	-0.578%	-1.156%	-1.152%
	1927		-2.235%		-2.793%		-2.809%	-3.352%	-2.247%	-0.565%	-1.143%	-1.149%	-1.143%	-1.136%	-2.260%	-2.260%	-1.930%
	1926		3.468%		4.070%		2.890%	4.070%	2.890%	1.143%	-1.130%	-1.695%	-1.130%	-0.565%	-1.667%	-1.117%	0.903%
	1925		0.000%		0.000%		1.170%	1.176%	1.765%	2.941%	3.509%	4.118%	3.509%	2.907%	4.651%	3.468%	2.433%
	1924		2.976%		2.381%		1.786%	0.592%	0.592%	0.000%	-0.581%	-0.585%	-0.581%	-0.578%	-0.578%	0.000%	0.440%
	1923		-0.592%		-0.592%		0.599%	1.198%	1.198%	1.796%	2.381%	3.012%	3.614%	3.593%	2.976%	2.367%	1.791%
	1922		-11.053%		-8.152%		-8.743%	-7.735%	-5.650%	-5.114%	-5.085%	-6.215%	-5.143%	-4.571%	-3.448%	-2.312%	-6.162%
	1921		-1.554%		-5.641%		-7.107%	-10.837%	-14.078%	-15.789%	-14.904%	-12.808%	-12.500%	-12.060%	-12.121%	-10.825%	-10.936%
	1920		16.970%		20.370%		20.122%	21.557%	21.893%	23.669%	19.540%	14.689%	12.360%	9.945%	7.027%	2.646%	15.625%
	1919		17.857%		14.894%		17.143%	17.606%	16.552%	14.966%	15.232%	14.935%	13.376%	13.125%	13.497%	14.545%	15.235%
	1918		19.658%		17.500%		16.667%	12.698%	13.281%	13.077%	17.969%	18.462%	18.045%	18.519%	20.741%	20.438%	17.284%
	1917		12.500%		15.385%		14.286%	18.868%	19.626%	20.370%	18.519%	19.266%	19.820%	19.469%	17.391%	18.103%	17.841%
	1916		2.970%		4.000%		6.061%	6.000%	5.941%	6.931%	6.931%	7.921%	9.901%	10.784%	11.650%	12.621%	7.667%
	1915		1.000%		1.010%		0.000%	2.041%	2.020%	2.020%	1.000%	-0.980%	-0.980%	0.990%	0.980%	1.980%	0.915%
	1914		2.041%		1.020%		1.020%	0.000%	2.062%	1.020%	1.010%	3.030%	2.000%	1.000%	0.990%	1.000%	1.349%

American Consumer Price Index: 1913 to 2022

Historical CPI for United States of America

Updated: August 10, 2022

Next update: September 13, 2022

Base year: 1982-84=100

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
2022	281.148	283.716	287.504	289.109	292.296	296.311	296.276
2021	261.582	263.014	264.877	267.054	269.195	271.696	273.003	273.567	274.310	276.589	277.948	278.802	270.970
2020	257.971	258.678	258.115	256.389	256.394	257.797	259.101	259.918	260.280	260.388	260.229	260.474	258.811
2019	251.712	252.776	254.202	255.548	256.092	256.143	256.571	256.558	256.759	257.346	257.208	256.974	255.657
2018	247.867	248.991	249.554	250.546	251.588	251.989	252.006	252.146	252.439	252.885	252.038	251.233	251.107
2017	242.839	243.603	243.801	244.524	244.733	244.955	244.786	245.519	246.819	246.663	246.669	246.524	245.120
2016	236.916	237.111	238.132	239.261	240.236	241.038	240.647	240.849	241.428	241.729	241.353	241.432	240.011
2015	233.707	234.722	236.119	236.599	237.805	238.638	238.654	238.316	237.945	237.838	237.336	236.525	237.017
2014	233.916	234.781	236.293	237.072	237.900	238.343	238.250	237.852	238.031	237.433	236.151	234.812	236.736
2013	230.280	232.166	232.773	232.531	232.945	233.504	233.596	233.877	234.149	233.546	233.069	233.049	232.957
2012	226.665	227.663	229.392	230.085	229.815	229.478	229.104	230.379	231.407	231.317	230.221	229.601	229.594
2011	220.223	221.309	223.467	224.906	225.964	225.722	225.922	226.545	226.889	226.421	226.230	225.672	224.939
2010	216.687	216.741	217.631	218.009	218.178	217.965	218.011	218.312	218.439	218.711	218.803	219.179	218.056
2009	211.143	212.193	212.709	213.240	213.856	215.693	215.351	215.834	215.969	216.177	216.330	215.949	214.537
2008	211.080	211.693	213.528	214.823	216.632	218.815	219.964	219.086	218.783	216.573	212.425	210.228	215.303
2007	202.416	203.499	205.352	206.686	207.949	208.352	208.299	207.917	208.490	208.936	210.177	210.036	207.342
2006	198.300	198.700	199.800	201.500	202.500	202.900	203.500	203.900	202.900	201.800	201.500	201.800	201.592
2005	190.700	191.800	193.300	194.600	194.400	194.500	195.400	196.400	198.800	199.200	197.600	196.800	195.292
2004	185.200	186.200	187.400	188.000	189.100	189.700	189.400	189.500	189.900	190.900	191.000	190.300	188.883
2003	181.700	183.100	184.200	183.800	183.500	183.700	183.900	184.600	185.200	185.000	184.500	184.300	183.958
2002	177.100	177.800	178.800	179.800	179.800	179.900	180.100	180.700	181.000	181.300	181.300	180.900	179.875
2001	175.100	175.800	176.200	176.900	177.700	178.000	177.500	177.500	178.300	177.700	177.400	176.700	177.067
2000	168.800	169.800	171.200	171.300	171.500	172.400	172.800	172.800	173.700	174.000	174.100	174.000	172.200
1999	164.300	164.500	165.000	166.200	166.200	166.200	166.700	167.100	167.900	168.200	168.300	168.300	166.575
1998	161.600	161.900	162.200	162.500	162.800	163.000	163.200	163.400	163.600	164.000	164.000	163.900	163.008
1997	159.100	159.600	160.000	160.200	160.100	160.300	160.500	160.800	161.200	161.600	161.500	161.300	160.517
1996	154.400	154.900	155.700	156.300	156.600	156.700	157.000	157.300	157.800	158.300	158.600	158.600	156.850
1995	150.300	150.900	151.400	151.900	152.200	152.500	152.500	152.900	153.200	153.700	153.600	153.500	152.383
1994	146.200	146.700	147.200	147.400	147.500	148.000	148.400	149.000	149.400	149.500	149.700	149.700	148.225
1993	142.600	143.100	143.600	144.000	144.200	144.400	144.400	144.800	145.100	145.700	145.800	145.800	144.458
1992	138.100	138.600	139.300	139.500	139.700	140.200	140.500	140.900	141.300	141.800	142.000	141.900	140.317
1991	134.600	134.800	135.000	135.200	135.600	136.000	136.200	136.600	137.200	137.400	137.800	137.900	136.192
1990	127.400	128.000	128.700	128.900	129.200	129.900	130.400	131.600	132.700	133.500	133.800	133.800	130.658
1989	121.100	121.600	122.300	123.100	123.800	124.100	124.400	124.600	125.000	125.600	125.900	126.100	123.967
1988	115.700	116.000	116.500	117.100	117.500	118.000	118.500	119.000	119.800	120.200	120.300	120.500	118.258
1987	111.200	111.600	112.100	112.700	113.100	113.500	113.800	114.400	115.000	115.300	115.400	115.400	113.625
1986	109.600	109.300	108.800	108.600	108.900	109.500	109.500	109.700	110.200	110.300	110.400	110.500	109.608
1985	105.500	106.000	106.400	106.900	107.300	107.600	107.800	108.000	108.300	108.700	109.000	109.300	107.567
1984	101.900	102.400	102.600	103.100	103.400	103.700	104.100	104.500	105.000	105.300	105.300	105.300	103.883
1983	97.800	97.900	97.900	98.600	99.200	99.500	99.900	100.200	100.700	101.000	101.200	101.300	99.600
1982	94.300	94.600	94.500	94.900	95.800	97.000	97.500	97.700	97.900	98.200	98.000	97.600	96.500
1981	87.000	87.900	88.500	89.100	89.800	90.600	91.600	92.300	93.200	93.400	93.700	94.000	90.925
1980	77.800	78.900	80.100	81.000	81.800	82.700	82.700	83.300	84.000	84.800	85.500	86.300	82.408
1979	68.300	69.100	69.800	70.600	71.500	72.300	73.100	73.800	74.600	75.200	75.900	76.700	72.575
1978	62.500	62.900	63.400	63.900	64.500	65.200	65.700	66.000	66.500	67.100	67.400	67.700	65.233
1977	58.500	59.100	59.500	60.000	60.300	60.700	61.000	61.200	61.400	61.600	61.900	62.100	60.608
1976	55.600	55.800	55.900	56.100	56.500	56.800	57.100	57.400	57.600	57.900	58.000	58.200	56.908
1975	52.100	52.500	52.700	52.900	53.200	53.600	54.200	54.300	54.600	54.900	55.300	55.500	53.817
1974	46.600	47.200	47.800	48.000	48.600	49.000	49.400	50.000	50.600	51.100	51.500	51.900	49.308
1973	42.600	42.900	43.300	43.600	43.900	44.200	44.300	45.100	45.200	45.600	45.900	46.200	44.400
1972	41.100	41.300	41.400	41.500	41.600	41.700	41.900	42.000	42.100	42.300	42.400	42.500	41.817
1971	39.800	39.900	40.000	40.100	40.300	40.600	40.700	40.800	40.800	40.900	40.900	41.100	40.492
1970	37.800	38.000	38.200	38.500	38.600	38.800	39.000	39.000	39.200	39.400	39.600	39.800	38.825
1969	35.600	35.800	36.100	36.300	36.400	36.600	36.800	37.000	37.100	37.300	37.500	37.700	36.683
1968	34.100	34.200	34.300	34.400	34.500	34.700	34.900	35.000	35.100	35.300	35.400	35.500	34.783
1967	32.900	32.900	33.000	33.100	33.200	33.300	33.400	33.500	33.600	33.700	33.800	33.900	33.358
1966	31.800	32.000	32.100	32.300	32.300	32.400	32.500	32.700	32.700	32.900	32.900	32.900	32.458
1965	31.200	31.200	31.300	31.400	31.400	31.600	31.600	31.600	31.600	31.700	31.700	31.800	31.508
1964	30.900	30.900	30.900	30.900	30.900	31.000	31.100	31.000	31.100	31.100	31.200	31.200	31.017
1963	30.400	30.400	30.500	30.500	30.500	30.600	30.700	30.700	30.700	30.800	30.800	30.900	30.625
1962	30.000	30.100	30.100	30.200	30.200	30.200	30.300	30.300	30.400	30.400	30.400	30.400	30.250
1961	29.800	29.800	29.800	29.800	29.800	29.800	30.000	29.900	30.000	30.000	30.000	30.000	29.892
1960	29.300	29.400	29.400	29.500	29.500	29.600	29.600	29.600	29.600	29.800	29.800	29.800	29.575
1959	29.000	28.900	28.900	29.000	29.000	29.100	29.200	29.200	29.300	29.400	29.400	29.400	29.150
1958	28.600	28.600	28.800	28.900	28.900	28.900	29.000	28.900	28.900	28.900	29.000	28.900	28.858
1957	27.600	27.700	27.800	27.900	28.000	28.100	28.300	28.300	28.300	28.300	28.400	28.400	28.092
1956	26.800	26.800	26.800	26.900	27.000	27.200	27.400	27.300	27.400	27.500	27.500	27.600	27.183
1955	26.700	26.700	26.700	26.700	26.700	26.700	26.800	26.800	26.900	26.900	26.900	26.800	26.775
1954	26.900	26.900	26.900	26.800	26.900	26.900	26.900	26.900	26.800	26.800	26.800	26.700	26.850
1953	26.600	26.500	26.600	26.600	26.700	26.800	26.800	26.900	26.900	27.000	26.900	26.900	26.767
1952	26.500	26.300	26.300	26.400	26.400	26.500	26.700	26.700	26.700	26.700	26.700	26.700	26.550
1951	25.400	25.700	25.800	25.800	25.900	25.900	25.900	25.900	26.100	26.200	26.400	26.500	25.958
1950	23.500	23.500	23.600	23.600	23.700	23.800	24.100	24.300	24.400	24.600	24.700	25.000	24.067
1949	24.000	23.800	23.800	23.900	23.800	23.900	23.700	23.800	23.900	23.700	23.800	23.600	23.808
1948	23.700	23.500	23.400	23.800	23.900	24.100	24.400	24.500	24.500	24.400	24.200	24.100	24.042
1947	21.500	21.500	21.900	21.900	21.900	22.000	22.200	22.500	23.000	23.000	23.100	23.400	22.325
1946	18.200	18.100	18.300	18.400	18.500	18.700	19.800	20.200	20.400	20.800	21.300	21.500	19.517
1945	17.800	17.800	17.800	17.800	17.900	18.100	18.100	18.100	18.100	18.100	18.100	18.200	17.992
1944	17.400	17.400	17.400	17.500	17.500	17.600	17.700	17.700	17.700	17.700	17.700	17.800	17.592
1943	16.900	16.900	17.200	17.400	17.500	17.500	17.400	17.300	17.400	17.400	17.400	17.400	17.308
1942	15.700	15.800	16.000	16.100	16.300	16.300	16.400	16.500	16.500	16.700	16.800	16.900	16.333
1941	14.100	14.100	14.200	14.300	14.400	14.700	14.700	14.900	15.100	15.300	15.400	15.500	14.725
1940	13.900	14.000	14.000	14.000	14.000	14.100	14.000	14.000	14.000	14.000	14.000	14.100	14.008
1939	14.000	13.900	13.900	13.800	13.800	13.800	13.800	13.800	14.100	14.000	14.000	14.000	13.908
1938	14.200	14.100	14.100	14.200	14.100	14.100	14.100	14.100	14.100	14.000	14.000	14.000	14.092
1937	14.100	14.100	14.200	14.300	14.400	14.400	14.500	14.500	14.600	14.600	14.500	14.400	14.383
1936	13.800	13.800	13.700	13.700	13.700	13.800	13.900	14.000	14.000	14.000	14.000	14.000	13.867
1935	13.600	13.700	13.700	13.800	13.800	13.700	13.700	13.700	13.700	13.700	13.800	13.800	13.725
1934	13.200	13.300	13.300	13.300	13.300	13.400	13.400	13.400	13.600	13.500	13.500	13.400	13.383
1933	12.900	12.700	12.600	12.600	12.600	12.700	13.100	13.200	13.200	13.200	13.200	13.200	12.933
1932	14.300	14.100	14.000	13.900	13.700	13.600	13.600	13.500	13.400	13.300	13.200	13.100	13.642
1931	15.900	15.700	15.600	15.500	15.300	15.100	15.100	15.100	15.000	14.900	14.700	14.600	15.208
1930	17.100	17.000	16.900	17.000	16.900	16.800	16.600	16.500	16.600	16.500	16.400	16.100	16.700
1929	17.100	17.100	17.000	16.900	17.000	17.100	17.300	17.300	17.300	17.300	17.300	17.200	17.158
1928	17.300	17.100	17.100	17.100	17.200	17.100	17.100	17.100	17.300	17.200	17.200	17.100	17.158
1927	17.500	17.400	17.300	17.300	17.400	17.600	17.300	17.200	17.300	17.400	17.300	17.300	17.358
1926	17.900	17.900	17.800	17.900	17.800	17.700	17.500	17.400	17.500	17.600	17.700	17.700	17.700
1925	17.300	17.200	17.300	17.200	17.300	17.500	17.700	17.700	17.700	17.700	18.000	17.900	17.542
1924	17.300	17.200	17.100	17.000	17.000	17.000	17.100	17.000	17.100	17.200	17.200	17.300	17.125
1923	16.800	16.800	16.800	16.900	16.900	17.000	17.200	17.100	17.200	17.300	17.300	17.300	17.050
1922	16.900	16.900	16.700	16.700	16.700	16.700	16.800	16.600	16.600	16.700	16.800	16.900	16.750
1921	19.000	18.400	18.300	18.100	17.700	17.600	17.700	17.700	17.500	17.500	17.400	17.300	17.850
1920	19.300	19.500	19.700	20.300	20.600	20.900	20.800	20.300	20.000	19.900	19.800	19.400	20.042
1919	16.500	16.200	16.400	16.700	16.900	16.900	17.400	17.700	17.800	18.100	18.500	18.900	17.333
1918	14.000	14.100	14.000	14.200	14.500	14.700	15.100	15.400	15.700	16.000	16.300	16.500	15.042
1917	11.700	12.000	12.000	12.600	12.800	13.000	12.800	13.000	13.300	13.500	13.500	13.700	12.825
1916	10.400	10.400	10.500	10.600	10.700	10.800	10.800	10.900	11.100	11.300	11.500	11.600	10.883
1915	10.100	10.000	9.900	10.000	10.100	10.100	10.100	10.100	10.100	10.200	10.300	10.300	10.108
1914	10.000	9.900	9.900	9.800	9.900	9.900	10.000	10.200	10.200	10.100	10.200	10.100	10.017
1913	9.800	9.800	9.800	9.800	9.700	9.800	9.900	9.900	10.000	10.000	10.100	10.000	9.883

ATTACHMENT FIFTEEN – from Trading Economics

FOOD INFLATION

See Food Inflation by continents at...

· World

· Europe

· America

· Asia

· Africa

· Australia

· G20

Country	Last	Previous	Reference	Unit
Albania	13.9	13.2	Jul/22	%
Algeria	17.3	13.4	Jun/22	%
Angola	25.1	27.9	Jun/22	%
Argentina	70.6	66.4	Jul/22	%
Armenia	17.1	14.5	Jun/22	%
Aruba	11.1	9.7	Jun/22	%
Australia	5.9	4.3	Jun/22	%
Austria	12.2	11.34	Jul/22	%
Azerbaijan	20.3	18.4	Jul/22	%
Bahrain	7.3	11.6	Jun/22	%
Bangladesh	8.37	8.3	Jun/22	%
Barbados	18.6	18.3	Jun/22	%
Belarus	19.6	19.6	Jul/22	%
Belgium	9.71	8.6	Jul/22	%
Belize	7.56	7.41	Jun/22	%
Benin	-5.3	-9	Jul/22	%
Bermuda	6.4	5.4	May/22	%
Bhutan	3.52	3.72	May/22	%
Bolivia	1.13	0.9	Jun/22	%
Bosnia and Herzegovina	23.41	22.73	Jun/22	%
Botswana	9.6	8.3	Jun/22	%
Brazil	14.72	13.93	Jul/22	%
Brunei	5.4	4.7	May/22	%
Bulgaria	24.16	23.83	Jul/22	%
Burkina Faso	28.9	25.2	Jun/22	%
Burundi	24.4	21	Jul/22	%
Cambodia	6.5	5.53	Jun/22	%
Cameroon	9.8	9.7	Mar/22	%
Canada	9.2	8.8	Jul/22	%
Cape Verde	16.2	15.2	Jun/22	%
Cayman Islands	4.9	4.3	Mar/22	%
Chad	10.9	8.2	May/22	%
Chile	19.44	18.47	Jul/22	%
China	6.3	2.9	Jul/22	%
Colombia	24.6	23.6	Jul/22	%
Costa Rica	21.08	15.95	Jul/22	%
Croatia	18.3	16.9	Jul/22	%
Cyprus	7.52	7.94	Jul/22	%
Czech Republic	19.3	18	Jul/22	%
Denmark	14.6	13	Jul/22	%
Djibouti	25.7	11.1	Jun/22	%
Dominican Republic	12.3	13	Jul/22	%
East Timor	8	7.3	May/22	%
Ecuador	6.18	7.27	Jul/22	%
Egypt	22.4	22.3	Jul/22	%
El Salvador	14.37	13.28	Jun/22	%
Estonia	19.7	19.2	Jul/22	%
Ethiopia	35.5	38.1	Jul/22	%
Euro Area	11.5	10.4	Jul/22	%
European Union	12.82	11.57	Jul/22	%
Faroe Islands	6.2	2.6	Jun/22	%
Fiji	4.7	3.3	Jul/22	%
Finland	12.4	10.9	Jul/22	%
France	6.8	5.8	Jul/22	%
Gambia	13.72	14.16	Jun/22	%
Georgia	21.8	22	Jun/22	%
Germany	14.8	12.7	Jul/22	%
Ghana	32.3	30.7	Jul/22	%
Greece	13	12.6	Jul/22	%
Guatemala	12.71	10.65	Jul/22	%
Guinea	12.9	12.6	Jun/22	%
Guyana	7.3	11.5	Jun/22	%
Haiti	29.1	27.7	May/22	%
Honduras	7.18	6.13	Jul/22	%
Hong Kong	4.1	4	Jul/22	%
Hungary	28.8	23.1	Jul/22	%
Iceland	8.2	7.3	Jul/22	%
India	6.75	7.75	Jul/22	%
Indonesia	9.35	6.23	Jul/22	%
Iran	87	82.6	Jul/22	%
Iraq	6.87	8.54	Jun/22	%
Ireland	7.7	6.7	Jul/22	%
Israel	4.6	4	Jul/22	%
Italy	10	9	Jul/22	%
Ivory Coast	9	9.8	Jul/22	%
Jamaica	13.69	13.85	Jun/22	%
Japan	4.4	3.7	Jul/22	%
Jordan	3.8	4.1	Jul/22	%
Kazakhstan	19.2	19	Jun/22	%
Kenya	15.3	13.8	Jul/22	%
Kosovo	20	17.6	Jul/22	%
Kuwait	8.04	8.23	Jun/22	%
Kyrgyzstan	16	14.8	Jul/22	%
Laos	8.2	5.7	May/22	%
Latvia	24.3	22.1	Jul/22	%
Lebanon	332	364	Jun/22	%
Lesotho	8.4	7.4	Jun/22	%
Liberia	-2.39	2.58	Apr/22	%
Libya	5.53	4.88	Mar/22	%
Lithuania	29.9	28.5	Jul/22	%
Luxembourg	6.8	5.5	Jun/22	%
Macau	1.86	1.67	Jun/22	%
Macedonia	23.6	20.9	Jul/22	%
Madagascar	7.8	7.5	May/22	%
Malawi	31.2	25.5	Jun/22	%
Malaysia	6.1	5.2	Jun/22	%
Maldives	5.2	4.7	Jun/22	%
Mali	10.5	11	Feb/22	%
Malta	11.8	10.2	Jul/22	%
Mauritania	16	14.8	Jun/22	%
Mauritius	6.8	11.8	Jun/22	%
Mexico	14.16	13.6	Jul/22	%
Moldova	36.4	34.3	Jul/22	%
Mongolia	18	16.8	May/22	%
Montenegro	24.4	22.5	Jul/22	%
Morocco	12.4	11	Jul/22	%
Mozambique	17.24	15.9	Jul/22	%
Myanmar	15.4	12.8	Mar/22	%
Namibia	8.4	7	Jul/22	%
Nepal	7.43	7.13	Jun/22	%
Netherlands	12.2	11.1	Jul/22	%
New Caledonia	5.7	4.6	Jun/22	%
New Zealand	7.4	6.6	Jul/22	%
Nicaragua	18.3	15.5	Jul/22	%
Niger	9.7	8.7	Dec/21	%
Nigeria	22.02	20.6	Jul/22	%
Norway	10.42	4.95	Jul/22	%
Oman	6.09	4.97	Jun/22	%
Pakistan	28.8	25.92	Jul/22	%
Palestine	4.58	6.71	Jul/22	%
Panama	5.2	4.22	Jun/22	%
Papua New Guinea	6.2	5.2	Mar/22	%
Paraguay	16.7	18.6	Jul/22	%
Peru	11.59	11.91	Jul/22	%
Philippines	6.9	6	Jul/22	%
Poland	15.3	14.2	Jul/22	%
Portugal	13.9	13.2	Jul/22	%
Puerto Rico	6.4	8.5	May/22	%
Qatar	4.24	4.33	Jul/22	%
Romania	16.05	14.67	Jul/22	%
Russia	16.76	17.98	Jul/22	%
Rwanda	32.7	26.1	Jul/22	%
Saudi Arabia	3.9	4.4	Jul/22	%
Senegal	17.2	14.1	Jul/22	%
Serbia	18.8	16	Jun/22	%
Seychelles	0.6	0.2	Jun/22	%
Sierra Leone	23	23	Apr/22	%
Singapore	6.1	5.4	Jul/22	%
Slovakia	17.9	16	Jun/22	%
Slovenia	13.16	12.51	Jul/22	%
Somalia	16.86	14.74	Jun/22	%
South Africa	8.6	7.6	Jun/22	%
South Korea	7.99	6.54	Jul/22	%
South Sudan	1.66	2.3	Jul/22	%
Spain	13.53	12.95	Jul/22	%
Sri Lanka	90.9	80.1	Jul/22	%
Suriname	60.9	68.3	Apr/22	%
Swaziland	6.7	5.4	Jun/22	%
Sweden	13.5	11.2	Jul/22	%
Switzerland	1.9	1.9	Jul/22	%
Syria	39.1	23.1	Dec/19	%
Taiwan	7.18	7.29	Jul/22	%
Tajikistan	9.6	7.5	Jun/22	%
Tanzania	6.5	5.9	Jul/22	%
Thailand	8.02	6.42	Jul/22	%
Togo	10.2	13.7	Jun/22	%
Trinidad And Tobago	7.8	8.1	Jun/22	%
Tunisia	11	9.5	Jul/22	%
Turkey	94.65	93.9	Jul/22	%
Uganda	14.9	13	Jul/22	%
Ukraine	28.9	27.7	Jul/22	%
United Arab Emirates	3.71	3.65	Dec/21	%
United Kingdom	12.6	9.8	Jul/22	%
United States	10.9	10.4	Jul/22	%
Uruguay	11.51	10.85	Jul/22	%
Uzbekistan	14.3	17.2	Dec/21	%
Venezuela	155	193	May/22	%
Vietnam	2.82	2.87	Jul/22	%
Zambia	12	11.9	Jul/22	%
Zimbabwe	309	225	Jul/22	%