Inflation Surges at 13-year High Amid Global Supply Chain Chaos

Inflation Surges at 13-year High Amid Global Supply Chain Chaos
A customer shops for meat at a Safeway store in San Francisco, California on Oct. 4, 2021. Justin Sullivan/Getty Images
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

U.S. consumer prices in September accelerated at their fastest annual rate in 13 years amid a spike in energy prices and supply chain disruptions, according to figures released by the Department of Labor on Wednesday.

Data released by the agency shows the consumer price index, which measures what consumers pay for goods and services and serves as a key tracker of inflation, rose about 0.4 percent in September from August, coming after it rose 0.3 percent in August from July.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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