Yesterday’s report was fake, but today’s is not, which is totally legit…
(by Half Dollar) Psych!
No, seriously:
We’re aware of a fake CPI release image circulating on Twitter. It is a fake. Stay tuned for the real CPI release tomorrow at 8:30 AM ET.
— BLS-Labor Statistics (@BLS_gov) July 12, 2022
Psych!
The Bureau of Lying Sadists Labor Statistics is calling out the fakery.
Regardless, The official inflation report, the Consumer Price Index, has just been released for the month of June, 2022.
According to the BLS, in June:
- Prices are up 1.3% from last month.
- Prices are up 9.1% over the last 12 months.
It’s another scorcher!
Gold plunged and silver surged at the release of the report:
Ahh, the good old, “trusting the Summer Interns with the algos”.
Somebody better take care of that…
