Retail News

Rising gas prices push inflation to 40-year high

The Washington Post 06/10/2022

Inflation in May jumped 8.6 percent year-over-year, according to data from the Bureau of Labor Statistics. Rising gas and food prices were major, but not the sole, contributors to the increase as air travel, auto, clothing, household furnishings and medical care also cost more.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!