US price rises hit highest level for 40 years
ChatGPT Podcast · ChatGPT Podcast
December 10, 20210m 35s
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Show Notes
Prices for American consumers are rising at their fastest annual rate since June 1982.
The consumer price index (CPI) rose 6.8% in the year to November according to the latest figures from the Bureau of Labor Statistics.
Petrol prices jumped 6.1%, while the cost of second-hand cars, rent and food also rose.
However the monthly pace of price rises at 0.8% in November was slightly lower than October's 0.9%.