Inflation in the United States - The highest since 1990

Inflation in the United States rose to 6.2 percent in October, the highest in more than 30 years since November 1990. As reported on Wednesday, November 10, by the Labor Department in Washington, consumer prices rose 0.9 percent from the previous month. In September, prices increased by 0.4 percent compared to the previous month,- DW reports.

The drivers of inflation were, inter alia, the prices of gasoline, food, rental housing and used cars. Energy prices have risen 30 percent in twelve months, while gasoline prices have risen by almost 50 percent.




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