FOXNEWS Your World With Neil Cavuto January 12, 2022 21:01:00
I'm charles payne in for neil cavuto. susan li has more on what's driving the inflation surge. susan? >> charles, that's right, get used to the higher prices. they'll be here for a while. you're paying the highest price jump in 40 years in december. consumer prices as you mentioned rising 7% last month. that is the highest year over year increase since the summer of 1982. prices rising almost twice as much as wages were last month. so there's still sticker shock at the stores. food prices were up 6%. filling up your gas tanks cost more than a year ago and used cars are fetching premium pricing...
Source: archive.org