U.S. Inflation Near 41-Year High as CPI Hits 9.1% in June

More widespread increases in what American consumers paid in June for goods and services drove annual inflation to a new 40-year peak — actually, nearer to a 41-year high, according to U.S. government data released Wednesday, July 13. Energy, food and shelter prices accelerated again in June and from a year ago, as did costs … Continue reading U.S. Inflation Near 41-Year High as CPI Hits 9.1% in June