(AP) The cost last month of rent, food, cars and energy skyrocketed 7.5 percent year over year, a level of inflation Americans hadn’t seen in 40 years, the U.S. government reported.
The consumer price index, which measures the cost of core goods, climbed 7.5 percent in January over the year before, the U.S. Bureau of Labor Statistics reported Thursday.
The jump confirmed what everyday Americans already knew: prices on everything from airfares to orange juice were going up faster than ...
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