Why the U.S. inflation surge is accelerating, and when it may ease

EPA-EFE/MICHAEL REYNOLDS

The government’s consumer price index rocketed 9.1 percent, the fastest year-over-year jump since 1981.

Consumers have endured the pain in everyday routines.

Unleaded gasoline is up 61 percent, in the past year.

Men’s suits, jackets and coats, 25 percent, Airline tickets, 34 percent. Eggs 33 percent. Breakfast sausage, 14 percent.

US inflation accelerates to 9.1%, highest in 41 years

US CPI June 2022: Inflation Accelerates to 9.1%, Once Again Exceeding Forecasts - Bloomberg.