Inflation rose in June in the United States and reached 9.1% year-on-year, the highest level since November 1981, according to the Consumer Price Index (CPI) released this Wednesday by the Department of Labor.
In May, inflation stood at 8.6%, which makes this rise a new setback for the US president, Joe Biden, who He has been trying to stop the price rise for several months.
Shortly before this data was made public, the White House had already indicated that it expected “very high” inflation.
Compared to the previous month, the increase in prices in June was 1.3%, against 1% in May, above the forecast of analysts consulted by Bloomberg, who anticipated inflation of 8.8%, compared with the same period last year of 2021 and 1.1. % compared to the previous month.
The rise in prices affects all sectorsaccording to the statement from the Department of Labor, but those that contributed the most to the rise were housing, gasoline and food.
Energy prices have risen 41.6% from a year ago, the biggest rise since April 1980.
Excluding food and energy prices, which are the most volatile and which have been particularly affected by the war in Ukraine, core inflation has slowed since May (5.9% vs. 7% vs. 0.6 % of the previous two months).
The Federal Reserve (Fed), the US central bank, began in March to raise interest rates to contain inflation.
In June, the Fed approved a 75 basis point hike in its benchmark interest rate, the biggest since 1994.
Source: Observadora
