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Economy

“Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982”

“The consumer price index, which measures the cost of a wide-ranging basket of goods and services, rose 0.8% for the month, good for a 6.8% pace on a year over year basis and the fastest rate since June 1982. Excluding food and energy prices, so-called core CPI was up 0.5% for the month and 4.9% from a year ago, which itself was the sharpest pickup since mid-1991. The Dow Jones estimate was for a 6.7% annual gain for headline CPI and 4.9% for core…”

https://www.cnbc.com/2021/12/10/consumer-price-index-november-2021.html

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