Sunday, 4 December, 2022
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Gianni Esposito (C) speaks to an employee as another serves pizza at Gianni's Pizza in Wilmington, Delaware recently. Inflation was predicted to increase as the US economy recovered this year, but a Wednesday report from the Labor Department showing its consumer price index increased last month by the biggest year-on-year gain in more than three decades was an unwelcome surprise for the White House. The initial price spikes were most severe for products like used cars and airplane tickets. But the latest data showed them extending into groceries and gasoline, with ripple effects across the economy. They pose a frustration for Gianni Esposito, whose eponymous pizza parlor Biden visited during his years representing Delaware in the Senate and again after he began his quest for the White House in 2019.

Gianni Esposito (C) speaks to an employee as another serves pizza at Gianni's Pizza in Wilmington, Delaware recently. Inflation was predicted to increase as the US economy recovered this year, but a Wednesday report from the Labor Department showing its consumer price index increased last month by the biggest year-on-year gain in more than three decades was an unwelcome surprise for the White House. The initial price spikes were most severe for products like used cars and airplane tickets. But the latest data showed them extending into groceries and gasoline, with ripple effects across the economy. They pose a frustration for Gianni Esposito, whose eponymous pizza parlor Biden visited during his years representing Delaware in the Senate and again after he began his quest for the White House in 2019.

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