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US inflation rate rose 6.8% in 2021, the highest increase since 1982
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The US inflation rate rose 6.8% over the last year, the highest increase since 1982, the Bureau of Labor Statistics reported Friday morning.
Inflation rose 0.8% in November after rising 0.9% in October. Price increases were seen across many sectors, including gas, food and housing. This is the sixth month in a row the US is seeing price increases.
Ahead of Friday’s data release, Joe Biden released a statement saying that the inflation numbers “does not reflect today’s reality”.
“It does not reflect
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