Despite the Upbeat Spin That It's 'Slowed,' Inflation Is Still Crushing Americans

Despite the Upbeat Spin That It's 'Slowed,' Inflation Is Still Crushing Americans
inflation gas by Yassine Khalfalli is licensed under unsplash.com
The new CPI numbers came out Wednesday morning, clocking in at a hefty 8.3 percent. Per CNN:
The Consumer Price Index was up 8.3% in the 12 months ended in April, the Bureau of Labor Statistics reported Wednesday, slightly higher than economists had predicted. It was a decrease from the 8.5% recorded in March, which had been the highest level in more than 40 years.

Note the spin from CNN (and much of the legacy media):
US inflation took a breather last month for the first time since August. Prices still increased, but at a slower pace than in previous months.

I’m also not sure that everyday Americans emptying out their wallets at the gas station and grocery store feel like they’re getting much of a breather. As we reported yesterday, gas prices have hit an all-time high. In addition to critical shortages, even when staple items are available, they’re costing us significantly more.
inflation gas by Yassine Khalfalli is licensed under unsplash.com