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Financial services

US inflation hits new high in 40 years

February 10, 2022

Led by increases in energy cost, annual inflation reached 7.5 percent, the highest rate since 1982. Image credit: Unsplash


The annual U.S. consumer price index increased 7.5 percent, before seasonal adjustment, according to the U.S. Bureau of Labor Statistics, the steepest 12-month increase since 1982.

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