Rampant U.S. inflation accelerated in May to hit 8.6%, highest in 41 years

MacDailyNews
Jun 10, 2022, 8:48 am230 pts
Rampant U.S. inflation accelerated even further in May, with prices rising 8.6% year over year, marking the fastest increase since 1981, the Bureau of Labor Statistics reported Friday. The 8.6% consumer price index (CPI), a wide-ranging measure of goods and services prices, exceeded the Dow Jones estimate of…

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