US consumer prices rose 5.7% over past 12 months, fastest gain in 39 years, while consumer spending up 0.6% in November
Headline from KOB 4
U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way.
Sioux City Journal's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
WASHINGTON (AP) — U.S. consumer prices rose 5.7 percent over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way.