Prices are rising for many Americans, with 65% of consumers saying the increases are outpacing their income, according to a J.D. Power survey of 4,000 U.S. adults conducted in February 2026.

Recent inflation data adds to that pressure, with the annual rate rising from 2.4% in February to 3.3% in March, according to consumer price index data released Friday. The increase was driven largely by a surge in energy costs as gasoline prices spiked amid the Iran war. Gasoline prices rose 21.2% in March, accounting for nearly three-quarters of the overall increase, according to the Bureau of Labor Statistics.

you are viewing a single comment's thread
view the rest of the comments
[–] 12 points 6 months ago*

IMHO America has way more Inflation than the Offical Figures.

Because the Official Inflation is matemathically related to the Official GDP (which is the Real GDP, calculated from the Nominal - in USD - GDP by deflating it using the Inflation rate, so more inflation means less GDP), it's a Politically Important number, complex to determine, with a lot of room for rigging (just change the composition of the "basket" used to calculate it, plus there's a big difference between including or not Housing costs), generally considered good if small and gets less focus than GDP (GDP Growth is widelly paraded by ruling politicians as a measure of their success, Inflation much less so), so I suspect the political pressure to make Official Inflation figures small is HUGE.

As far as I can tell that official figure has been heavilly rigged for quite a while (though I expect that in Trump's America it's worse), hence why the blue collar worker salary which could pay for a house, a car and all the expenses of family of 5 by itself back in the 60s and which according to Inflation has around the same real value as a blue collar worker salary nowadays, can't pay for anywhere close to that anymore.

(By the way, this is not just a problem in America - you can see the same in Europe - it's just that judging by the growth in housing costs, food prices and salaries in certain areas, America seems to have had way more inflation since 2008 than Europe).

  • source