CNN CNN Newsroom Live January 13, 2022 09:33:00
>> they had vegetables i used to make for dinner, i noticed they did go up a dollar or two. single, double serving. so it is noticeable. >> reporter: noticeable to seemingly every american consumer. the labor department has just reported consumer prices were up 7% in december from a year earlier. the biggest one-year spike in prices in almost 40 years. >> you go to the grocery store and you reach for something, and you go, my goodness, this is much more than i used to pay for. >> the typical american family is spending about $250 a month more to buy the same amount of things that they were buy...