Food Prices Soar, Up 10.4 Percent From Last Year, Biggest Jump Since 1981
Rachel Siegel reported on the front page of today’s Washington Post that, “Inflation soared in June, continuing to climb at the fastest pace in 40 years across many sectors of the economy, driven in large part by higher energy prices.
“The blistering consumer price index was 9.1 percent higher in June than it was compared to a year ago, and 1.3 percent higher than it was in May, according to a report released Wednesday by the Bureau of Labor Statistics, revealing scant signs of progress in the fight against inflation. The last time inflation reached over 9 percent was November 1981.”
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“The blistering consumer price index was 9.1 percent higher in June than it was compared to a year ago, and 1.3 percent higher than it was in May, according to a report released Wednesday by the Bureau of Labor Statistics, revealing scant signs of progress in the fight against inflation. The last time inflation reached over 9 percent was November 1981.”
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