Claim: Has US inflation been at or above 5% for the last two years?
Fact-check: Has US inflation been at or above 5% for the last two years? - Wisconsin Watch
Verdict: yes. the last time the 12 month–average inflation rate was below 5% was in april 2021, when it was 4.2%, according to u.s. labor department data.
Organisation: Wisconsin Watch
Author: Erin Gretzinger
Date published: 2023-04-24T21:26:45