Inflation Could Soar To 10%

AI summary

It is instructive to look back at the CPI from June 2022. Inflation hit 9.1% year over year. That was the highest increase since November 1981. According to the BLS release, “The increase was broad-based, with the indexes for gasoline, shelter, and food being the largest contributors.” The energy index was the largest single contributor. ... Inflation Could Soar To 10%