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US consumer inflation rate up 6.8% in past year, highest since 1982

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www.fox29.com

WASHINGTON - Prices for U.S. consumers jumped 6.8% in November compared with a year earlier as surging costs for food, energy, housing and other items left Americans enduring their highest annual inflation rate in 39 years.The Labor Department also reported Friday that prices rose 0.8% from October to November — a substantial increase, though slightly less than 0.9% increase from September to October.Inflation has been inflicting a heavy burden on consumers, especially lower-income households and particularly for everyday necessities.

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