Shadow Stats “Corrected” inflation at 17.15% – STEEPEST IN 75 YEARS! – Investment Watch

by Chicknewtosilver

” • I N F L A T I O N – FLASH (Apr 12): Year-to-year inflation continued to surge in the both the March 2022 headline Consumer Price Index (CPI-U) and the ShadowStats-Alternate CPI, with both measures hitting new multi-decade highs, circumstances in place before Russia invaded Ukraine and exacerbated by same.

• March 2022 CPI-U annual inflation hit a 40-plus year high of 8.54% [up from 7.87% in February], the steepest inflation pace since December 1981; March 2022 ShadowStats “Corrected” Alternate CPI estimate hit 17.15%, up from 16.05% in February], the steepest inflation rate since June 1947 (in 75 years).

• In like manner, the March 2022 CPI-W (used in Social Security Cost of Living Adjustment [COLA] calculations, where the 2022 COLA — based on Third-Quarter 2021 — was 5.9%) hit a four-decade high of 9.36%, up from 8.60% in February 2022.”

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www.shadowstats.com/alternate_data/inflation-charts