FaithfulNews
Ordinary Time

FaithfulNews archive

Food Prices Jump, Inflation Rises Faster Than Expected

By Casey Harper | The Center Square (Worthy News) – Newly released federal inflation data shows that prices rose faster than expected last month, putting more pressure on Americans’ budgets. The U.S. Bureau of Labor Statistics on Thursday released its Consumer Price Index, a key marker of inflation, which showed that CPI rose 0.2% in September. While inflation rose more than expected last month, the year-over-year inflation of 2.4% in this latest data is much lower than the major spike in infla