CBS News: Inflation Reaches 13-Year High

‘Record high prices for used cars were the largest contributor to the inflation surge’

RUSH EXCERPT:

QUIJANO: “Prices are rising as the U.S. economy recovers from the pandemic downturn. The inflation rate soared to a 13-year high in May, pushing the cost of living 5 percent higher than this time last year. Labor Department data shows the Consumer Price Index rose 0.6 percent from April, exceeding expectations.”

Video files
Full
Compact
Audio files
Full
Compact
Similar stories
NBC Wisc. Reports on Inflation: ‘A Key Inflation Metric Hit a 29-Year High in April’
Fox News: U.S. Manufacturing Hit a Two Year High in December
CNN’s Callan: ‘There Could Be Criminal Allegations that Arise’ out of the Investigations of the Trump Organization
Fox News: Southern Border Encounters Remain at 20-Year High
Fox News: New Report Shows Number of Police Fatalities Reaches 5 Year High