US inflation hits new four-decade high of 9.1%

5 min read . Updated: 13 Jul 2022, 09:11 PM IST Gabriel T. Rubin, The Wall Street Journal

Persistent high inflation is putting a strain on businesses and consumers who, after decades of price stability, aren’t used to it (Photo: HT) — Persistent high inflation is putting a strain on businesses and consumers who, after decades of price stability, aren’t used to it **(Photo: HT)**

Prices up broadly across the economy, with gasoline far outpacing other categories

U.S. consumer inflation rose to a new four-decade high at an annual rate of 9.1% in June, extending a year and a half stretch of persistently higher prices.

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US inflation hits new four-decade high of 9.1%

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