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Inflation surges at fastest rate in 13 years hitting 5.4% in June with cost of gas rocketing 45%

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Everyday Items Like Bacon, Milk And Oranges Up 8% Compared To Last Year

By EMILY CRANE

FOR DAILYMAIL.COM and REUTERS

US consumer prices continued to climb even higher in June to a 13-year high with the cost of gas skyrocketing 45 percent and everyday items like bacon, milk and oranges increasing 8 percent.

The consumer price index has risen 5.4 percent in the 12 months through June, the Labor Department said on Tuesday – extending a run of higher inflation and fueling concerns the rapidly rebounding economy under the Biden administration is making goods and services increasingly expensive.

Click the link below to read the rest of this story.

https://www.dailymail.co.uk/news/article-9783863/U-S-consumer-prices-surge-June.html

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