Annual inflation rate hits lowest level since January

The annual rate of inflation has hit 7.7%, the lowest level since January. CBS News business analyst Jill Schlesinger joins CBS News' Lana Zak and Errol Barnett on what this means for families who've dealt with high prices for months.

#news #inflation #economy

[KB-nteg]

Can anyone give any example of something that has gone up by only 8%?

Everything is 25%+ more than they used to be 7 months ago.

[Kaisermb]

Epic spin. Telling people who are still paying double for groceries, $75 for a tank of gas, and a looking at record heating bills this winter that it's all good. F-ing clown world

[VanquishMediaDE]

Well isn't that just something, grocery prices are still damn high as is rent.

[lizchacon]

They need to set higher standards for what they consider lower inflation

[CaptainChaooooos]

Better but man that’s a far way off from where we need to be. Expect .75 from the fed again.

[lindaminton]

Highest inflation in 40 year's is lower than January? 🤡🤡🤡

[rvzuvbc]

Your house is burning and is it completes being burned up the flames are smaller and you say that's an improvement

[harmoni]

This is bull .... I spent much more for food & clothings.

[luigiedwards]

Outstanding! President Biden is doing a fantastic job.

[shellysmith]

Two large Blizzards from DQ are $14.43

[fezario]

Steve jobs is alive and well in your thumbnail

[ecurewitz]

This would have been welcome news last week

[davontewillams]

*I'm done sitting tight for the award advance since i acquire$23, 000 every 12 days of my investment., .*

[luisnava]

Fruit loops in the house of lucky charms Fallow the rainbow news what. America great America What is happening to you.