Inflation Rises to 40-Year High of 9.1% | Compare reporting by business WSJ dcexaminer
, the latest in a series of 40-year highs for the annual inflation rate.. The Consumer Price Index increased 1.3% in June on a monthly, seasonally-adjusted basis after. Items with the largest annual cost increases were fuel oil , gasoline , food at home , and new vehicles . The energy index also saw the biggest overall monthly jump, increasing 7.5% in June after rising 3.9% in May.
Core prices, which exclude more volatile food and energy items, rose 0.7% on a monthly basis and 5.9% from the previous year. The
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