Jericho, CC BY 3.0 , via Wikimedia Commons

Inflation Soars to New Highs

Consumer prices soared to new highs in December according the the lasted report from the US Bureau of Labor Statistics.


According to the report, the consumer price index (CPI) rose 7% over the last 12 months.


This is the largest increase in the CPI since 1982.


The news led to a rally in gold prices for the third consecutive trading session.


[READ NEXT: Fox News has it’s new star]


About Post Author