WASHINGTON —
US consumer prices surged again in October, increasing
6.2 percent compared to the same month last year as costs rose for a range of
items, the government said Wednesday.
اضافة اعلان
It was the largest annual jump in the consumer price index (CPI) since
November 1990 and driven by increases in gasoline, automobile and food prices,
according to the Labor Department data.
CPI spiked 0.9 percent compared to September, more than double the increase
in the prior month and above analyst expectations.
The data underscored the continued challenge posed by
inflation as the
world's largest economy recovers from the pandemic downturn last year, and
struggles with scarce labor and snarled supply chains that have driven prices
higher.
Gasoline prices rose 6.1 percent last month, and used cars and trucks, which
have seen a big spike over the past year, climbed 2.5 percent after declining
in the prior two months. Fuel oil jumped by a massive 12.3 percent.
Prices for food at home, such as groceries, rose one percent, while food
away from home, which are meals at restaurants, increased 0.8 percent.
Rent prices rose with a 0.5 percent increase in the shelter category.
Food and energy prices are volatile, but even with those goods excluded, CPI
climbed 0.6 percent last month compared to the 0.2 percent increase in
September.
Compared to October 2020, "core" CPI increased 4.6 percent, its
biggest 12 month rise since August 1991, the report said.
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