Costs of food, shelter & fuel in US continue to soar
Consumer prices rise at highest rate in 40 years US consumer price inflation rose 0.6% in January and propelled annual inflation up to 7.5
Source: greekherald.com
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Consumer prices rise at highest rate in 40 years US consumer price inflation rose 0.6% in January and propelled annual inflation up to 7.5
It probably isn't much consolation for Americans struggling with the highest inflation in 40 years, but they are not alone.
Current bout of inflation marks end of era as countries grapple with uneven recoveries.
Around the world, soaring prices are emerging as a feature of the post-pandemic recovery, prompting some central banks to pivot to inflation fighting.