Article Date 14/10/2021

Higher inflation squeezing U.S. consumers as food prices, rents accelerate

Source Retail

The consumer price index rose 0.4% last month after climbing 0.3% in August. Food prices jumped 0.9% after increasing 0.4% in the prior month. The largest rise in food prices since April 2020 was driven by a surge in the cost of meat.

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