The dollar had an average inflation rate of 5.86% per year betwe

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Cape May Point - The dollar had an average inflation rate of 5.86% per year between 2020 and today, producing a cumulative price increase of 18.63%. This means that today's prices are 1.19 times as high as average prices since 2020, according to the Bureau of Labor Statistics consumer price index. Welcome to "Bidenflation"!

Print Publication Date: 
9/27/2023