Consumer Prices Reached a 40-Year High in June as Inflation Storm Rumbles On
Pro Builder
JULY 14, 2022
June’s inflation rate constituted the largest year-over-year gain since November 1981 as both energy and shelter index recorded their largest yearly increases since April 1980 and February 1991. The Consumer Price Index (CPI) rose 1.3% in May, the energy index rose by 7.5% After rising 3.9% Housing Policy + Finance.
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