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Economics

U.S. Consumer Prices Climb at Fastest Annual Rate Since 1982

November CPI increased 6.8% from year ago, 0.8% from October
Advance was broad, included gains in shelter, food and fuel

Video player cover image — U.S. CPI Rises at Fastest Annual Rate Since 1982

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December 10, 2021, 1:32 PM UTCUpdated onDecember 10, 2021, 5:27 PM UTC

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U.S. consumer prices rose last month at the fastest annual pace in nearly 40 years, underscoring how rapid and persistent inflation is eroding paychecks and increasing pressure on the Federal Reserve to tighten monetary policy.