If you’ve noticed your dollars don’t seem to have the same purchasing punch as they did a year ago, there’s a very good reason for that.Consumer price inflation in the United States rose at an annual rate of 7.5 percent in January, the Bureau of Labor Statics said on Thursday. That is the fastest pace since July 1982.On a monthly basis, the Consumer Price Index (CPI) – which measures price changes in a basket of goods and services – increased 0.6 percent in January compared to the previous month.
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