U.S. Inflation Hit 8.6% in May

 

Energy, groceries, shelter costs drive fastest rise in consumer-price index since December 1981

U.S. consumer inflation reached its highest level in more than four decades in May as surging energy and food costs pushed prices higher, with little indication of when the upward trend could ease.

https://www.wsj.com/articles/us-inflation-consumer-price-index-may-2022-11654810079?