Cantwell Statement on December’s Inflation Numbers

Cantwell Statement on December's Inflation Numbers

WASHINGTON, D.C. - This morning, the U.S. Bureau of Labor Statistics released Consumer Price Index (CPI) data for December, showing that prices are up 2.7% over the past 12 months. U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Finance Committee, released this statement:

"President Trump promised to lower prices on day one. He has not. In fact, the Bureau of Labor Statistics said today that consumer prices are 2.7 percent higher than a year ago. The price of groceries is up 2.4 percent and electricity prices are up by 6.7 percent. Instead of working to lower these costs, this Administration's tariff policies and assault on renewable and alternative energy are only driving them higher. Consumers are feeling the pain from broken promises."