Inflation Sets New Records: Grocery Prices Up Most Since 1979; Airfare Since '80 - Bloomberg

2022-06-10 18:46:16 By : Mr. shuifa Liu

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So much for the idea that inflation had already peaked.

May’s consumer price index showed that inflation is still very much roaring in the US economy, straining fragile budgets even further. Costs for things from baked goods and haircuts jumped, underscoring the broad-based nature of price pressures.