prices. we know how high inflation is right now, 40-year high. gas prices continue to set records by the day. as senior advisers say to me, that s the one consumer good where everybody knows how much it costs because the price is advertised on the side of the highway. people are keenly aware of the sticker shot. as much as they label it as putin s price hike, there s a limit to how much that can catch on. the baby formula shortage, which has alarmed a lot of families across the country. john kirby, the admiral coming in from the pentagon, this comes a moment as the communication staff is reshaped at the west wing. jen psaki just left. what kirby brings to the white house is an expertise on foreign policy. so there s a sense that there will be a little bit there s
relief. listen. i know food prices are up. we re going to bring them down. as i said, i grew up in a family where price at the pump went up, you feel it. i understand. these things are necessities. we re working to bring down prices where they re not totally what the families in fact have to pay now. so how much more are families having to pay now? well compared to 12 months ago, take a look at the figures here. meat and eggs are up over 13%. poultry up 10%. milk up 6.8%. bread up just under 6%. coffee, wow, up 8.6%. consumers paying a whopping 40% more more gas and 10% more for electricity. just sticker shot, sandra, across the board, putting more pressure on consumers. sandra: thanks, claudia. how much longker americans put
biden administration has their backs? you get it every time you open your utility bill. sticker shot. energy prices rising so dramatically is there any relief in sight? eks! (sighs wearily) here i ll take that! (excited yell) woo-hoo! ensure max protein. with thirty grams of protein, one gram of sugar, and nutrients to support immune health. i try to put my arm around any vet that i can, absolutely. one gram of sugar, at newdayusa that s what we re doing. we put our arm around the veterans. when i think of the veteran out there that needs to refi his home, he may want to purchase, we can help them and provide that financial solution for them and their families. it s a great rewarding feeling. everybody in the company, they have that deference and that respect and that love for the veteran that makes this company so unique. tech: does your windshield have a crack? trust safelite. tech vo: this customer had auto glass damage, but he was busy working from home.
recommended. greater separation allows the aresols can be decreased. most importantly anyone that is old enough to be vaccinated should be and this including our teachers and other school staff, keeping our kids safe is critical and it is about layering our preindications for them. thank you so much for your time, i always learn from these segments, i appreciate you. sticker shot, wait lists, and stacks of paper work. how covid up ended childcare.
for just about everything. cnn lead business writer matt eeg eagan is here to break down the prices. go for it. ana, sticker shot is real and getting worse. consumer prices in june were up by more than 5%. that s the fastest annual rate that we ve seen since 2008. if you exclude food and energy, prices surged by the most since 1991. now, let me give you a few real-world examples of the kinds of price hikes we are talking about. prices for used cars, up 45% over the past 12 months. that means a used car that was $20,000 a year ago is now fetching $29,000. washing machines, up 29% over the past year. another big one is airfare, up 25% over the past year. that means a $400 flight in 2020 is now costing $500, ana. wow. looking at all of the different items, why, why is it happening? well, listen, the pandemic, of course, crushed the economy,