featured graphic for Michelle Steel, Congresswoman for California’s 48th District, after COVID-19

Michelle Steel releases statement on record-high inflation

Rep. Michelle Steel (CA-48) released the below statement today following news that the consumer price index rose 7% in December, marking the highest inflation rate since June 1982.

“California families are tired of skyrocketing costs and of paying more for almost everything, every day under the Biden Administration. Inflation’s 40-year-high means everything from gasoline, to groceries, to basic necessities are more expensive. In one of the highest tax states in the country, inflation is just another burden on hard-working families that are sick and tired of paying more and getting less. Until Washington gets its spending under control, inflation will continue to rise and it’s hard-working families that will continue to pay the price.”

According to the Bureau of Labor Statistics, the following price increases have been reported:

  • Gasoline is UP 49.6%
  • Used cars and trucks are UP 37.3%
  • Rental cars and trucks are UP 36.0%
  • Propane, kerosene, and firewood are UP 33.8%
  • Beef and veal are UP 18.6%
  • Bacon is UP 18.6%
  • Livingroom, kitchen, and dining room furniture is UP 17.3%
  • Pork is UP 15.1%
  • Washing machines are UP 12.1%
  • Fresh and frozen chicken is UP 11.5%
  • Eggs are UP 11.1%
  • Men’s suits are UP 10.7%
  • Fish and seafood is UP 10.2%
  • Women’s dresses are UP 8.0%
  • Roasted coffee is UP 6.9%
  • Food away from home is UP 6.0%
This article was released by the Office of Representative Michelle Steel.