does not have the highest, only higher. It is talking about the inflation in the United States. In May this year, the CPI in the United States increased by 5% year-on-year, continuing to hit the highest level since May, and also significantly exceeded the market's previous expectations of 5% to 5%.
This means that American consumers have endured inflation of more than 5% for the ninth consecutive month. Specifically, in percentage terms, fuel prices rose the most in January this year, up 46.5% year-on-year; food prices rose 7% year-on-year, a record The largest increase since 1981; living costs, which account for about one-third of the overall CPI, increased by 4.4% year-on-year.
High rents, expensive food, unaffordable electricity, and fear of filling up on gas have made Americans who used to be carefree miserable and live a life of budgeting. A report by Moody's pointed out that compared with 2019 years ago, high inflation has increased the monthly expenditure of the average American family by 250, which means that it will cost 3000 more dollars (approximately 1.90,000 yuan) a year. ).
The report also said that middle-aged Americans are the worst off. These people aged 45 to 53 are hardest hit by high inflation, with monthly expenses increasing by $305. In comparison, Americans 65 and older spend just $194 per month.
At this time, Biden came out to "repeat the same old tune", saying that U.S. inflation will ease significantly this year, and he will go all out to win this inflation war. But everyone no longer buys it, thinking that Biden's mouth is a liar. Recently, Biden's support rate has been falling all the way.
Many people believe that the intensive rollout of Biden's large-scale economic stimulus plan last year was the main reason for the country's explosive inflation. Last year5htmlIn May, the US White House announced the 2022-year fiscal budget, with a total amount of 6 trillion US dollars (approximately 38 trillion yuan). This is Biden's first "money-spreading plan" after taking office. What is this concept? It has exceeded the total GDP of Japan and Germany in 2020 years.
Text | Title by Li Zepu | Reviewed by Zeng Yi | Li Zepu
