According to the BLS, The index for all items less food and energy rose 4.9% over the last 12 months and for the energy index, the rise was a stunning 33.3% over the last year. The food index increased 6.1% over the year, which is hitting consumers especially hard when you combine it with energy components. On a monthly basis, the November price for final demand services rose 0.7% and for final demand goods, it increased 1.2%. The BLS reports these changes are the largest 12-month increases in at least 13 years in the respective series.
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