Consumer prices hit highest levels in nearly 40 years
The Bureau of Labor Statistics says prices jumped 6.8% for the 12 months ending in November.
•
Dec 13, 2021, 12:25 PM
•
Updated 1,245 days ago
Share:
More Stories
Igloo expands recall for rolling coolers due to possible fingertip amputation, crushing hazards
yesterday1:45
The Cost Of: Mother's Day
2ds ago
Celtics-Knicks ticket for Game 3 in New York is commanding nearly $2,000 on resale market
3ds ago1:50
The Cost Of: Special May events
6ds ago
Power center: Electric outage resources
8ds ago2:09
The Cost Of: Gardening
13ds agoIgloo expands recall for rolling coolers due to possible fingertip amputation, crushing hazards
yesterday1:45
The Cost Of: Mother's Day
2ds agoCeltics-Knicks ticket for Game 3 in New York is commanding nearly $2,000 on resale market
3ds ago1:50
The Cost Of: Special May events
6ds agoPower center: Electric outage resources
8ds ago2:09
The Cost Of: Gardening
13ds agoConsumer
prices are up to the highest levels in nearly 40 years.
The Bureau
of Labor Statistics says prices jumped 6.8% for the 12 months ending in
November. That's the biggest 12 month jump since 1982.
Home
cooking and grocery prices are at record highs, jumping 6.4%
Beef had
the most dramatic increase with a 20.9% spike in prices.
Restaurant
prices spiked 5.8%
The Federal
Reserve is set to meet this week to ensure long-term interest rates stay low.
More from News 12
1:46
Study: Eating ultra-processed food every day puts people at risk of developing Parkinson's
0:24
51st class of Ramapo Police Youth Academy graduates
2:22
Families gather in Hastings-on-Hudson to celebrate mothers raising children with disabilities
Celtics rout Knicks 115-93 to cut New York's lead to 2-1 in the Eastern Conference semifinals
1:47
Yonkers mother has ‘a happier home’ after becoming a foster parent
1:38
