BREAKING: Inflation Skyrockets To 6.8%, Higher Than Expected, Fastest Rate In Nearly 40 Years

Newly released data from the U.S. Bureau of Labor Statistics (BLS) showed that inflation is skyrocketing at an even faster rate than predicted as it climbed to a nearly 40-year high.

BLS said in a statement, “The all items index rose 6.8 percent for the 12 months ending October, the largest 12-month increase since the period ending June 1982.”

The Wall Street Journal reported:
The so-called core price index, which excludes the often-volatile categories of food and energy, climbed 4.9% in November from a year earlier. That was a sharper increase than October’s 4.6% rise, and the highest rate since 1991.
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