U.S. Inflation Is Highest in 13 Years as Prices Surge 5%

Consumer prices continued to rise rapidly in May as the economic recovery picked up, reflecting a surge in demand along with shortages of labor and materials.

U.S. Inflation Is Highest in 13 Years as Prices Surge 5%
Consumer prices continued to rise rapidly in May as the economic recovery picked up, reflecting a surge in demand along with shortages of labor and materials.