US inflation hits 39 year high at 6.8 per cent - Breaking News

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Friday, December 10, 2021

US inflation hits 39 year high at 6.8 per cent

Inflation in the United States has reached a 39 year high of 6.8 per cent – as consumer demand and supply shortages continue to put pressure on prices. It's the fastest annual increase since 1982 and the sixth straight month inflation reached over five per cent. Despite the high rate, the economy is booming with low unemployment and an easing of food and energy costs. Sky News Australia discussed the issue and more with The New Republic reporter Alex Shephard.

from Latest World News Headlines | Daily Telegraph https://ift.tt/3dCnPdA

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