U.S. Inflation Hits New High Of 9.1%

Inflation in the U.S. rose to 9.1 percent in June, the highest since 1981 

 

Daily Mail: Inflation hits high of 9.1% - much worse than economists predicted and the highest America has seen in 40 years 

* Inflation in the U.S. rose to 9.1 percent in June, the highest since 1981 

* Inflation in the U.S. rose to 9.1 percent in June, the highest since 1981 and a greater increase than economists predicted. 

The consumer price index, a broad measure of goods and services in the nation, soared above the 8.8 percent Dow Jones estimate. 

It's the biggest 12-month increase in nearly four decades, and up from an 8.6 percent jump in May. 

On a monthly basis, prices rose 1.3 percent from May to June, another substantial increase, after prices had jumped 1 percent from April to May.  

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WNU editor: So much for this prediction from the US President .... Biden prediction that inflation hit 'peak' in December coming back to haunt him (FOX News). 

U.S. Inflation Hits New High Of 9.1%  

US inflation reached a new 40-year high in June of 9.1% -- AP  

Inflation rose 9.1% in June, even more than expected, as consumer pressures intensify -- CNBC  

US inflation jumps 9.1 percent in June, higher than forecast -- Al Jazeera  

US Consumer Prices Soared In June, Americans' Real Wages Fall For 15th Straight Month -- Zero Hedge  

Five takeaways from the stunning inflation numbers -- The Hill