An inflation gauge that is closely monitored by the Federal Reserve jumped 6.1 percent in January compared with a year ago, the latest evidence that Americans are enduring sharp price increases that will likely worsen after Russia’s invasion of Ukraine.
The figure reported Friday by the Commerce Department was the largest year-over-year rise since 1982. Excluding volatile food and energy prices, core inflation increased 5.2 percent in January from a year earlier.
Robust consumer spending has combined with widespread product and worker shortages to create the highest inflation in four decades – a heavy burden for US households, especially lower-income families faced with elevated costs of food, fuel and rent.
Load More
Yorumlar
Kalan Karakter: