Tag: Inflation

Inflation Reaches High Not Seen in 30-Years

Inflation did not get any better in October. In fact, it got worse. The Consumer-Price Index rose at a 6.2% annual rate. The rise was driven by pandemic-related supply shortages and strength in consumer demand. Worse yet, the core price index which excludes food and energy prices rose at 4.6% in October. In September it rose at