Jim Cramer on inflation report: 'These numbers are just bad'

"Economic Warnings Signs Flash Red as Inflation Hits Highest Level Since 1982: CNBC's Jim Cramer Sounds Alarm A new inflation report has sent shockwaves through the financial markets, sparking concerns about a potential economic downturn. The Personal Consumption Expenditures index, a key indicator of inflation, rose by 0.7 percent from February to March, marking its highest level since 1982. CNBC host Jim Cramer has weighed in on the news, warning that the latest figures signal financial gloom for the coming months. As the US economy grapples with rising prices and stagnant wages, the latest inflation data has raised questions about the sustainability of the current economic growth."

CNBC host Jim Cramer on Thursday slammed the newest inflation report signaling financial gloom for the coming months. The Personal Consumption Expenditures index, which reflects changes in the prices of goods and services purchased by consumers in the U.S., rose by 0.7 percent from February to March. The index is compiled by the Commerce Department's...