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Inflation Reaches 30-Year High – Washington Free Beacon

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The annual inflation rate last month hit its highest point in more than 30 years, according to a Labor Department report.
The prices of consumer …

The annual inflation rate last month hit its highest point in more than 30 years, according to a Labor Department report. The prices of consumer goods were 6.2 percent higher in October than they were a year earlier. The last time the annual inflation rate was that high was November 1990, according to the Labor Department data, which were released Wednesday.

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