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Annual Inflation Rate Hits Four-Year Low; Groceries Have Biggest Decline in Five Years – RedState

The annual inflation rate eased to 2.3 percent in April, the lowest since February 2021, showing that Joe Biden’s attempted destruction of the U.S. economy can be reversed. This represents a 0.1 percent decline in the annual rate from March and 0.1 percent below forecasts. The month-to-month rate increased by 0.2 percent over March, but was lower than the forecast 0.3 percent.





Inside that number, there was more good news. Gasoline prices decreased for the third straight month. At home food fell by 0.4 percent, or twice the rate of inflation. Eggs were down 17.7 percent since March, while pork and beef ran at or slightly behind inflation. Overall, grocery prices had their largest decline in nearly five years. (Funny how so…

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