The inflation It increased 0.9% in October in the United States, reaching record levels, due to persistent problems in global supply chains that significantly affect energy prices, according to figures from the Labor Department.
In this way, the year-on-year inflation rate shot up to 6.2% in October. This is the largest increase recorded since November 1990the department said in a statement.
The increase is generalized for all sectors, although it is particularly notable in energy, housing, food and vehicles.
Energy prices rose 4.8% in October and food prices 0.9%, the government report indicates.
Specifically, the prices consumers pay for gasoline rose 6.1% last month and have risen 49.6% in one year.
Inflation is one of the main concerns in the US Until now, the Federal Reserve (FED) has insisted that high rates of inflation will be temporary.
Core inflation, which excludes volatile prices such as energy, remains high and increased 0.6% in October versus 0.2% in September.
However, this Wednesday’s data adds pressure to the United States Central Bank, which has announced that it will begin to gradually reduce the multi-million dollar bond purchase program launched to support the economy after the crisis caused by the pandemic.
With information from EFE and AFP.
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