U.S. inflation reached a new four-decade high of 8.6% in May
Where in Americans’ household budgets is inflation hitting the hardest? WSJ’s Jon Hilsenrath traces the roots of the rising prices to learn why some sectors have risen so much more than others.
Photo Illustration: Laura Kammermann/WSJU.S. consumer inflation reached its highest level in more than four decades in May as surging energy and food costsThe Labor Department on Friday said that the consumer-price index
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US inflation hit 8.6% in May, a new 40-year highConsumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
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US inflation hit 8.6% in May, a new 40-year highConsumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.
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