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Annual Inflation in the US record high over 40 years — statistics

Inflation in the US is above 5% for the eighth month in a row

WASHINGTON, February 10. /TASS/. Annual inflation in the United States was growing at its quickest pace in January 2022 over 40 years and gained 7.5% against the like period in 2021. Consumer prices moved up by 0.6% in monthly terms, according to data released by the US Department of Labor on Thursday.

Experts questioned by Bloomberg expected annual inflation to be 7.3%. The increase last December was 7%.

Inflation in the US is above 5% for the eighth month in a row.