The American inflation is innovative, and ordinary people "can't eat"

Author:Changjiang Daily Time:2022.07.15

The latest data released by the US official on the 13th shows that the US Consumer Price Index (CPI) in June this year rose 1.3%month -on -month, a year -on -year increase of 9.1%, a peak of 41 years. U.S. inflation has continued to soar, the level of prices has remained high, and the concerns of the absence of the US economy decline have become increasingly intensified.

The people "can't stand"

Faced with the rise in prices, ordinary people in the United States felt "unbearable", and many people had to change their lifestyle.

Rather than spend $ 20 to buy 10 chicken wings cooked food at the restaurant, "it is better to buy a large bag to go home to do it by yourself," John, who worked at a "one yuan shop" door ten minutes from Washington, told reporters at the government department. Because the price is too expensive, he has less under the restaurant and the kitchen is more.

This is the Federal Reserve building taken in Washington, USA on June 22. Xinhua News Agency reporter Liu Jie

The United States is a "country living on a wheel". Energy prices have risen and have a particularly prominent impact on the daily life of the people. According to official data, the prices of gasoline rose 11.2%month -on -month in June, up 59.9%year -on -year.

Grooria Brandman was a retired teacher. Not long ago, a reporter met her at a protest assembly held near the Congress Building. She and her husband planned to drive this year, but because of the rise in oil prices, they could only travel nearby.

In front of a supermarket in northern Virginia, resident James told reporters that now it is about 30 US dollars every time you need to refuel than Changchang. "As long as you can take the bus, I will not drive."

Innovation of inflation

The US CPI has risen more than 8%year -on -year for four consecutive months. According to the latest data from the Ministry of Labor, due to the continued rising energy, food prices and residential costs, the year -on -year and year -on -year increase in the US CPI in the United States expanded significantly compared with May. Specifically, energy prices rose 7.5%month -on -month and rose sharply by 41.6%year -on -year. In the month, food prices increased by 1%month -on -month, up 10.4%year -on -year. The residence cost of about one -third of the proportion of CPI increased by 0.6%month -on -month, an increase of 5.6%year -on -year.

Just one year ago, Powell, chairman of the Federal Reserve Committee, also vowed that fiscal stimuli would only temporarily push the level of inflation, and prices were unlikely to continue to rise sharply. Right now, as the Fed implements a more radical monetary policy, concerns about the decline of the US economy are rising.

On May 4th, in Washington, the capital of the United States, Powell attended the press conference. Xinhua News Agency reporter Liu Jie

The International Monetary Fund (IMF) pointed out on the 12th that the United States avoiding economic recession is becoming more and more challenging. Economist Destmond Rachman, an economist of the American Institute of Enterprise Research, told Xinhua News Agency that he expects the US economy to fall into a recession at the end of this year or early next year. Deutsche Bank economists have recently predicted that the US economy will begin to fall into recession in mid -2023. By the fourth quarter of 2023, the unemployment rate will increase from the current 3.6%to 5.4%.

Biden's policy is dissatisfied

The shadow of decline has worried ordinary American people. Some people are working to increase work duration and work hard to save money. Some people intend to spend less money. For Blasix, a student of structural engineering who are about to graduate, economic recession may affect the employment market. He is worried that he cannot find a job. "Only time will tell me the answer," he said.

Inflation has continued to soar, and decline may approach, and more and more American people are dissatisfied with the current status of the economy. A poll issued by the Petou Research Center on the 13th shows that President Biden's support rate is only 37%, a new low. More than half of the American people believe that the government's policy has made the economic situation worse.

Although the White House has repeatedly emphasized that the main reason for high inflation is the price shock of the supply chain bottleneck caused by the new crown epidemic and the price of the Russian -Ukraine conflict, but the American people do not seem to buy it. James told reporters that everyone was accusing each other. The White House accused Russia accusing Russia. Congress accused the White House, and everyone was crazy. But James believes that the White House and Congress should be at least responsible. "Someone should always take responsibility," he said. (Reporter: Xiong Maoling, Sun Ding, Liu Jie, Hu Yousong; production: indifferent, Ma Xiao, Wang Fengfeng)

(Source: Xinhua News Agency client)

【Edit: Fu Sakura】

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