Latest Breaking News

Important note: these aren't inflation-adjusted. Although a 0.6% gain in February beats February's inflation rate, the 0.25%/month average of January and February combined doesn't (it matches inflation). Which means people actually bought the same amount of goods and services in this 2-month period (and on a per-capita basis bought less). The price increases give the illusion that they bought more. They didn't. The media won't tell you this.

CPI data series: https://data.bls.gov/timeseries/CUSR0000SA0

Important note #2 - the above is for February (and January). The attack on Iran began February 28, so Iran wasn't a factor in retail sales.