Tuesday, November 5

U.S. Prices Continue To Climb

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Inflation Rate Hits 8.6 Percent In The United States

June 10, 2022—The Consumer Price Index for U.S. goods and services inched up in May, bringing the U.S. inflation rate to 8.6 percent. Fuel prices rose 16.9 percent for the month and just over 106 percent for the year. Related goods and services like transportation and utility gas services followed with the highest increases on the Dept. of Labor’s CPI Data. Meanwhile, prices on used cars and trucks climbed 16 percent higher over the last 12-months. Likewise, food prices rose 10 percent.

U.S. Prices Continue To Climb, Global Economic ReportCopyright secured by Digiprove © 2022 Patti Mohr
U.S. inflation rate, U.S. Prices Continue To Climb, Global Economic Report

Patti Mohr

Patti Mohr is a U.S.-based journalist. She writes about global diplomacy, economics, and infringements on individual freedom. Patti is the founder of the Global Economic Report. Her goal is to elevate journalistic principles and share the pursuit of truth in concert with others.

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