US prices near four-decade high as November inflation accelerates 6.8%
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US prices near four-decade high as November inflation accelerates 6.8%

Jairo Ibarra
December 10, 2021
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The US annual inflation rate accelerated at its fastest pace in 39 years after rising 6.8% in November from 6.2% in October as energy, food and used vehicles costs soared.

The inflation rate neared the 7.1% high registered in June 1982, when oil shocks drove prices higher despite the intervention of the Federal Reserve.

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Jairo Ibarra
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