The Washington Post

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Last Checked Sept. 15, 2021

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Thu Jun 10 21:10:19 +0000 2021

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The Washington Post @washingtonpost

What’s driving the biggest changes in inflation right now? Most of the May inflation spike comes from parts of the economy that are re-opening (such as travel). Roughly a third of the May inflation increase was due to soaring used car prices. https://t.co/bcJGyVYumt https://t.co/i5dO45RcBk — PolitiTweet.org

Posted June 10, 2021 Hibernated

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The Washington Post @washingtonpost

It’s notable that the last time inflation was so high was in 2008 during the Great Recession. Historically, inflation has moved around the most — first moving lower and then spiking — during and just after recessions. https://t.co/bcJGyVYumt https://t.co/yXLkFLIjg1 — PolitiTweet.org

Posted June 10, 2021 Hibernated

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The Washington Post @washingtonpost

There’s been heavy demand for used cars as people didn’t want to fly or take public transport. Meanwhile, there’s little supply largely because rental car companies purchased far fewer cars in 2020. https://t.co/5wvvYgdL6M — PolitiTweet.org

Posted June 10, 2021 Hibernated