WASHINGTON, D.C. – Today, Senator Rick Scott released the below statement following the latest Producer Price Index (PPI) release from the Bureau of Labor Statistics (BLS), which showed inflation continued to rise in September increasing 8.5% over the year—higher than expected.
Senator Rick Scott said, “Skyrocketing inflation has been hurting Florida families every day for nearly two years. But, when times get tough, inflation becomes an unbearable kick for families trying to get back on their feet. Make no mistake—Joe Biden’s skyrocketing inflation is a huge roadblock for so many families now fighting to recover from Hurricane Ian. Nevertheless, we won’t allow Biden’s failures to keep Florida down. Floridians are strong and we are so grateful for all of the non-profits and volunteers who are selflessly serving families across Florida who have been devastated by Hurricane Ian. Everyone is working to deliver more with dollars that buy less. Together, Floridians will get through this difficult recovery and in Washington, I’ll be fighting as hard as ever to get reckless spending under control and end the crushing pain caused by Biden’s raging inflation.”
According to today’s PPI release, price increases over the year in September included:
- Corn: +36.5%
- Coal: +53.8%
- Grains: +30.4%
- Eggs: +97.3%
- Turkeys: +38.2
- Home Heating Oil: +73.2%
- Construction: +23.1%
Since being elected to the U.S. Senate, Senator Scott has repeatedly urged action to address America’s debt crisis and the harmful effects of inflation. Click HERE for a comprehensive list of his statements and actions on this urgent issue.