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erienewsnow.com 12 Jan, 2022 15:45 am

Surging prices: Key inflation measure hits a 39-year high - Erie News Now

Surging prices: Key inflation measure hits a 39-year high - Erie News Now
By Anneken Tappe, CNN Business

3%, while grocery prices rose even more: 6.For the month of December alone, prices rose 0.Prices rose in nearly all major grocery categories, with fruit and vegetable prices rising the most.5% between December 2020 and December 2021 -- the biggest annual jump since February 1991.

The US consumer price inflation index rose 7% over the past year before seasonal adjustments, the steepest climb in prices since June 1982, the Bureau of Labor Statistics reported Wednesday.8% without seasonal adjustments, 14.

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