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March Inflation Comes In Hotter Than Expected

 @SovereignCodyUnity from Texas commented…1mo1MO

Inflation was 3.5% in the past year --> highest since September.

Here are key items really driving inflation now

Car insurance +22% in past year

Car repair +12%

Baby formula +10%

Veterinarian +10%

Rent +5.9%

Electricity +5%

Restaurants +4.2%

(Gas up 1.3% in past year)

 @TwoPartyNaomiSocialistfrom California commented…1mo1MO

That car insurance and car repairs are going up seems like pure greed. I can testify to that personally. My insurance is way up from what it was a couple of years ago. And there's zero explanation.

 @CharismaticEqu4lRightsNo Labels from Minnesota disagreed…1mo1MO

Number of new drivers and extra cars on the road

Number of uninsured (this number is staggering)

Cost of repairs increased (chicken and egg)

Increased payroll

People spending money (observed by industry)