The latest US report shows that the inflation rate soared by 5.4% in June, the largest increase in the past 13 years Ministry of Labor.
Although there are signs that the epidemic continues to spread, the prices of vehicles, food and energy have risen significantly this month. Economic recovery In progress.
According to the Department of Labor, the Consumer Price Index (CPI) has experienced its biggest increase since August 2008. The index has been on an upward trend since January, the agency said.
The report stated that Consumer price increases June increased by 0.9% month-on-month and 5.4% year-on-year.
After the report was released, stock market futures fell, while Treasury bond yields went up and down. NBC Finance Channel Report.
The report shows that car and truck prices have risen sharply, rising 10.5% in June, while food prices rose slightly by 0.8% that month and 2.4% last year. Energy prices also rose by 1.5% in June, and the gasoline index rose by 2.5% month-on-month, after rising 45.1% in the past 12 months.
The Fed warned that the price increase was due to Shortage of supply And short-term interruptions in the supply chain. With the rapid economic recovery, these interruptions are temporary. Associated Press Report.
Products such as Semiconductor chip with Paper products Has been in high demand, leading to component shortages and higher production costs. Supply disruptions and logic issues also played an important role.
The Associated Press stated that the Fed hopes to keep the inflation rate at an average of 2%. There is no direct information on how it might adjust its fiscal policy to offset the increase in inflation.
Photo: AFP/Yamirrag
