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Economy

“From housing to energy to food, US inflation picks up…”

“…Thursday’s report from the Labor Department showed that overall prices rose 0.3% from November and 3.4% from 12 months earlier. Those gains exceeded the previous 0.1% monthly rise and the 3.1% annual inflation in November and were slightly above economists’ forecasts.

More than half the increase in prices from November to December reflected higher housing costs. Energy costs, along with food prices, also contributed to inflation…”

https://finance.yahoo.com/news/us-consumer-inflation-pressures-may-233539612.html

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