Inflation Reached 40-Year High In January

Inflation continues to surge in the U.S., reaching a 40-year high last month.

  • According to the latest Consumer Price Index, prices rose 7.5% in the month of January, the fastest spike since 1982.
  • Food, energy, and shelter costs account for most of the surge, according to the Bureau of Labor Statistics.
  • What can the government do to help curb price inflation? Do you think inflation will settle down, or continue to rise through the year?

Photo Credit: Getty Images


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