Breaking: US inflation rate up 7.5% in January
US inflation rates surged to 7.5% in January.
US annual consumer prices up 7.5% in January, highest annual inflation since February 1982.
Compared to December 2021, the Labor Department said the consumer price index (CPI) rose 0.6 percent, more than analysts had expected and confirming the potency of the ongoing inflation wave hitting the US economy.
Most Read News
-
World leaders gather in France for G7 summit amid
-
EU lacks unanimity needed to sanction Israeli minister
-
Iranian foreign minister, parliament speaker expected in
-
Anthropic in talks with Trump administration to reverse
-
Italy, Japan leaders meet in Rome to deepen strategic pa
-
Strong earthquake of 6.2 magnitude strikes southern
-
Nearly 80 million under severe storm alert across
-
US envoy to meet with Iraqi prime minister to discuss








