Inflation Is Explained

The city of Ledgerville! Inflation just hit 3.7%. Mayor Pennywhistle: since breakfast?! Dash: over a year, Mayor, up from 3.4% in August. Pop: forecasters guessed 3.6%. Zap: gasoline did it, up 0.6% in one month. Baron Von Bottomline calls it a transitory upside surprise in headline dynamics. Dash translates: prices rose faster than expected.

US consumer prices rose 3.7% in the year to September, up from 3.4% in August and above the 3.6% economists expected, after a 0.6% jump in a single month driven by gasoline, clothes and air fares.

Starring

🎙️The AnnouncerMayor PennywhistleDashPopZapBaron Von Bottomline