US inflation surges to highest level since 1982

US inflation has hit a 39-year high in the latest sign of a cost of living squeeze for consumers in the world’s biggest economy.

Figures from America’s Bureau of Labor Statistics (BLS) showed consumer price index (CPI) inflation hit 6.8% last month, the biggest year-on-year surge in prices since June 1982.

Mark Gibson

Graduates in Northwestern University, Evanston, Illinois 1990. Move to Los Angeles California in 2004. Specialized in Internet journalism.

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