U.S. Inflation Skyrockets to Highest Rate in 13 Years

U.S. Inflation Skyrockets to Highest Rate in 13 Years

U.S. consumer prices surged five percent from one year ago, reaching the highest annual inflation rate in nearly 13 years.  Following a 4.2 percent rise in April, the Labor Department said May’s strong climb in consumer inflation was the largest since August of 2008.  As reported by the Wall Street Journal, the core-price index, which […] The post U.S. Inflation Skyrockets to Highest Rate in 13 Years appeared first on Human Events.
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