Retail News
Consumer prices rise at fastest clip since 2008
CNBC 06/10/2021Consumer prices jumped five percent year-over-year in May (3.8 percent, excluding food and energy), the biggest increase since August 2008, the Labor Department reported. Used car and truck prices, which have climbed nearly 30 percent over the past year, were one of the major factors driving up the Consumer Price Index.
Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!