The US June CPI rose 9.1%year -on -year, a new high of 40 years

According to data on July 13, the US Labor Statistics Agency showed that the US Consumer Price Index (CPI) rose 1.3%month -on -month. In the past 12 months, the US consumer price index has risen by 9.1%. This is the largest year -on -year increase since November 1981, reaching a new high in 40 years.

Data show that the June CPI CPI increased significantly from May and year -on -year. The US CPI rose 1.3%month -on -month, the largest increase since 2005. This is mainly due to the rise in gasoline, housing and food. In June, the energy price index rose 7.5%, of which the gasoline price index rose 11.2%; the food price index rose by 1%.

The US Labor Statistics said that in the past 12 months, the price index of all projects other than food and energy has risen by 5.9%. The energy price index rose 41.6%, the largest year -on -year increase since April 1980. At the same time, in the past 12 months, the US food price index has risen by 10.4%, the largest increase since February 1981.

Bloomberg News commented that the acceleration of inflation in the United States in June exceeds people's expectations and highlights uninterrupted price pressure, which will make the Federal Reserve or raise a sharp interest rate again later this month. Earlier, according to Bloomberg News, economists expect that CPIs will rise by 1.1%month -on -month in June and 8.8%year -on -year. The data from the US Labor Statistics exceeds people's expectations.

Bloomberg News said that the hot inflation data once again confirmed that price pressure is common in the entire US economy and continues to weaken consumers' purchasing power and confidence. This will continue to adopt a radical policy route and put greater pressure on the US President Biden and the Democrats of Congress. Before the midterm elections, their support rates dropped sharply.

Source: People's Daily client head map: Xinhua News Agency Guangzhou Daily · Xinhuacheng Editor: Zhang Ying

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