Welcome to Thursday, July 14th, Webbs and Hubbles...
Inflation has surged to a 40-year high of 9.1% in June.
Month-to-month consumer prices rose by 1.3% in June, which is the largest single-month acceleration of this inflationary cycle, surpassing the prior monthly increases of 1.2% in March and 1% in May.Â
Some prices that have seen the largest increases due to inflation include fuel oil increasing by 98.5%, gasoline increasing by 59.9%, and utility gas service increasing by 38.4%.
Are you feeling financial pressure due to inflation?
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