US price rises hit highest level for 40 years

What this episode covers

Prices for American consumers are rising at their fastest annual rate since June 1982. The consumer price index (CPI) rose 6.8% in the year to November according to the latest figures from the Bureau of Labor Statistics. Petrol prices jumped 6.1%, while the cost of second-hand cars, rent and food also rose. However the monthly pace of price rises at 0.8% in November was slightly lower than October's 0.9%.

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This episode was published on December 10, 2021.

What is this episode about?

Prices for American consumers are rising at their fastest annual rate since June 1982. The consumer price index (CPI) rose 6.8% in the year to November according to the latest figures from the Bureau of Labor Statistics. Petrol prices jumped 6.1%,...

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