The impact of the war in Iran and the disruption of shipping routes through the Strait of Hormuz has pushed inflation to the forefront of economic concerns.
Tag: Consumer price index
Inflation Jumps to Fastest Rate Since 1982
The Consumer Price Index jumped by 0.8 percent in February from January and roared ahead by 7.9 percent to its fastest annual pace in 40 years, the Bureau of Labor Statistics reported.