BREAKING: Inflation Skyrockets To 6.8%, Higher Than Expected, Fastest Rate In Nearly 40 Years
Newly-released data from the U.S. Bureau of Labor Statistics (BLS) showed that inflation is skyrocketing at an even faster rate than predicted as it climbed to a nearly 40-year high.
BLS said in a statement, “The all items index rose 6.8 percent for the 12 months ending October, the largest 12-month increase since the period ending June 1982.”
BREAKING: Inflation in November rose to 6.8% (y/y) – the highest since 1982.
The US has now experienced six months of over 5% inflation.
Prices are rising across the board: For gas, food, new and used cars and housing (rents) pic.twitter.com/T5IJvL6Avi
— Heather Long (@byHeatherLong) December 10, 2021
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