Thursday, October 14, 2021

Inflation rises 5.4% from a year ago, matching 13-year high

Another surge in consumer prices in September pushed inflation up 5.4% from where it was a year ago, matching the highest shift since 2008 as tangled global supply lines continue to create havoc. U.S. consumer prices rose 0.4% in September from August as the costs of new cars, food, gas, and restaurant meals all jumped.

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