While CPI inflation is at 3.3%, inflation is much higher in many basic necessities:

1. Car Insurance Inflation: 20.3%

2. Transportation Inflation: 10.5%

3. Hospital Services Inflation: 7.2%

4. Car Repair Inflation: 7.2%

5. Electricity Inflation: 5.9%

6. Homeowner Inflation: 5.7%

7. Rent Inflation: 5.3%

8. Food Away From Home Inflation: 4.0%

Inflation has been above 3% for 38 consecutive months now.

Inflation data continues to build on multiple years of already inflated prices.

Compounding inflation is destroying consumer confidence as over 50% of US adults believe we are in a recession.

Affordability is still getting worse.