Five charts explaining why inflation is at a 40-year high
Story Date: 1/13/2022

 

Source: Alyssa Fowers and Rachel Siegel, WASHINGTON POST, 1/12/22


The bumpy economic recovery has had policymakers, economists and Americans households grappling with greater price hikes for groceries, cars, rent and other essentials. The latest inflation data, released by the Bureau of Labor Statistics, showed prices in December rose to a 40-year high, climbing 7.0 percent compared with the year before.

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