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Price Inflation Hits A 31-Year High

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Price Inflation Hits A 31-Year High

11 Nov Stock Analysis

gesrey/iStock via Getty Images
By Ryan McMaken
The Bureau of Labor Statistics reported Wednesday morning that prices rose 6.2% on a year-over-year basis in October. That’s the highest YoY rate since December 1990 when the CPI was also up 6.2 percent.
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