For Joe Biden, reversing the trend of inflation is "a top priority"

Joe Biden signaled on Wednesday that his "top

" was to "

" as consumer prices accelerated further in October in the United States, even reaching their highest level in 30 years. over a year.

The American president will visit the port city of Baltimore on Wednesday, an hour's drive from Washington, where he must discuss how his administration intends to go about lowering prices, solving the problem of shortages or even recovering. Americans at work.

"

" admitted the host of the White House in a statement released before his departure.

The occasional closures of factories linked to the Covid, the congestion of the ports caused by the shortage of truckers combined with a strong demand for imported products have considerably increased in recent months the costs of shipping food, furniture, cars, transport. energy and a myriad of other products.

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These costs, partly passed on to consumers, cause concern and dissatisfaction.

And inflation has helped to degrade Joe Biden's confidence rating, which fell to 42.8%, according to the FiveThirtyEight site, which synthesizes various polls.

In October, prices rose 6.2% compared to October 2020, after 5.4% in September, according to the CPI index of the labor department.

This is the largest increase recorded since the end of November 1990, the ministry said in a press release on Wednesday.

Over one month, the price increase amounted to 0.9% last month against 0.4% in September, much more than analysts' expectations (+ 0.6%).

The Biden administration as well as the American Central Bank (Fed) hammered for months that these price increases are "

".

And a large part of economists, in particular from the International Monetary Fund, share this point of view although some voices are raised to evoke a pressure on prices that could last until the end of 2022.

"

" Democratic Senator Joe Manchin said on Twitter on Wednesday.

“

” continued Virginia centrist elected official. -Western.

Joe Manchin represents the main opponent in the Democratic camp in the background of Joe Biden's gigantic investments, relating to social and environmental measures.

According to him, these expenses, amounted to 1.750 billion dollars, would contribute even more to inflation, an argument shared by the Republicans.

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In October, in the United States, the increase was indeed generalized to all sectors even if it was particularly marked for energy, housing, food, used cars and trucks as well as new vehicles, stressed the ministry.

And, excluding volatile prices in the energy and food sectors, the increase remains sustained at + 0.6% over one month, against + 0.2% in September.

Joe Biden, who is due to speak outside the port of Baltimore, will defend the measures already taken by his team to speed up cargo deliveries and address shortages.

As the holiday season approaches and its deluge of gifts, many of them imported, the US government plans to use part of the recent infrastructure plan to decongest the currently overcrowded ports, the White House said on Tuesday.

But the supply chain issues that are plaguing the world are a puzzle for leaders to solve.

In an attempt to streamline the system, the White House recently pushed for the opening of the port of Los Angeles 24 hours a day in order to speed up the unloading of goods and reduce the queue of cargo ships waiting for their turn to arrive. unload.

But labor shortages persist.

On Wednesday, the president will be sure to praise the merits of his gigantic infrastructure modernization program worth $ 1.2 trillion adopted by forceps last week by Congress.

The stake, for the Democratic president, is that it begins to produce effects, at least political, before the legislative elections of mid-term, in a year.

This ballot, traditionally complicated for those in power, could well cost the Democrats their slim parliamentary majority.