Key inflation measure records biggest jump in more than 30 years

Key inflation measure records biggest jump in more than 30 years

Over the past 12 months, prices climbed 6.2% — the biggest increase since November 1990.Stripping out food and energy prices, which tend to be more volatile, the index rose 4.6% over the same period, the biggest jump since August 1991.The overall price index rose 0.9% in October alone, adjusted for seasonal swings, significantly more than … Read more