The US CPI soared 9.1%in June, and the fuel drove nearly half of the increase
Author:Pole news Time:2022.07.14
Jimu Journalist Song Qingying
Intern Yang Xingnan
According to the Associated Press reported on July 13, the United States Consumer Price Index (CPI) in June has soared 9.1%year -on -year, a 40 -year high, and nearly half of which is driven by energy prices.
American Street (Picture Source: Associated Press)
Affected by the Russian crisis, energy costs have soared nearly 42%over the past year, which is the largest increase since 1980. The price of other consumer products has also risen very obvious. Men's suits, jackets and coats rose 25%, air tickets rose 34%, eggs rose 33%, and sausage rose 14%.
Since January this year, the US CPI has soared. It rose 7.5%in January and 7.9%in February. Since March, the increase has exceeded 8%per month.
It is reported that this is the worst inflation in the United States for decades. The inflation rate in the United States after World War II reached nearly 20%in 1947, but it was caused by post -war lifting price restrictions, supply shortages and suppressed consumer demand.
The inflation rate in the United States has greatly related to the epidemic this year. Since the spring of 2020, the US economy has gradually fallen into a downturn. Many companies have closed or shortened their working hours, and a total of 22 million jobs have been reduced. From April to June 2020, the economic growth rate plummeted by 31%, a record. However, under the U.S. Economic Booking Plan and Federal Reserve interest rate cuts, the economy has gradually begun to recover. As demand rises and the supply has declined, the global supply chain has fallen into trouble, and prices have risen sharply.
Some criticism pointed out that the high -level inflation part was blamed on Biden's $ 1.9 trillion epidemic rescue plan, which issued $ 1,400 funds to most American families, leading to surge in consumption and overheating.
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