SG Talk

Full Version: US Inflation hit 31-year high at 6.2% in Oct
You're currently viewing a stripped down version of our content. View the full version with proper formatting.
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent in October on a
seasonally adjusted basis after rising 0.4 percent in September, the U.S. Bureau of Labor Statistics
reported today. Over the last 12 months, the all items index increased 6.2 percent before seasonal
adjustment.


https://www.bls.gov/news.release/pdf/cpi.pdf    

.
so what can happen
(12-11-2021, 03:25 PM)Talent Wrote: [ -> ]so what can happen

grocery prices go up by 10-15%, electricity, petrol and natural gas prices also go up. Public transport fare hike, airline ticket price hike.