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Inflation Soars 7.9% to Another 40-Year High

Inflation Soars 7.9% to Another 40-Year High

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Price hikes in gas, food and shelter led the way to 40-year record high inflation, with the consumer price index — a key indicator of U.S. inflation — hitting 7.9% up from 7.5% in January, according to the Consumer Price Index Summary report released by the U.S. Bureau of Labor Statistics on Thursday (March 10). […]

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