Inflation in United States<br />Hits 13-Year High.<br />Prices are continuing to rise at a<br />rapid rate in the United States.<br />Over the last 12 months,<br />prices rose 5.4 percent.<br />That marks the biggest<br />jump in annual inflation<br />in nearly 13 years. .<br />In June alone, the country’s key<br />inflation measure, the consumer<br />price index, jumped .9 percent.<br />That’s the largest one-month<br />increase in 13 years.<br />Increasing prices in<br />the U.S. are largely<br />due to gasoline prices,<br />which have sharply risen<br />now that more people<br />are traveling. .<br />Gas prices have risen 45.1 percent<br />compared to last year.<br />Food prices also factor into the country’s inflation,<br />as they are up 2.4 percent in the last 12 months. .<br />Prices for dining out have also risen<br />4.2 percent in the last 12 months.<br />This is likely due to restaurants having to<br />raise their workers’ wages, with that increased<br />cost being passed on to customers. .<br />Accounting for more than a third of inflation in the<br />U.S. are the record prices being paid for used cars. .<br />Overall, used car<br />prices are up 45.2<br />percent in the last<br />12 months. .<br />In June alone, those prices<br />were up 10.5 percent.
