US consumer prices soared 6.2% in past year, most since 1990
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(Worthy News) – Prices for US consumers jumped 6.2 percent in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990.
The year-over-year increase in the consumer price index exceeded the 5.4 percent rise in September, the Labor Department reported Wednesday. From September to October, prices jumped 0.9 percent, the highest month-over-month increase since June. [ Source: CNBC (Read More…) ]
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