
This key measure of inflation climbed at the fastest pace since 1982 last month
CNN
Yet another key measure of inflation ticked higher at the start of the year, rising at its fastest pace in nearly 40 years.
The price index tracking consumer spending increased by 6.1% between January 2021 and January 2022, according to new data from the Commerce Department released Friday. That was the biggest annual increase since February 1982.
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