58 Increase In Consumer Prices Since 1982

Inflation Hits Highest Level Since 1982

58% Increase in Consumer Prices Since 1982

CPI Index at 239, Indicating Significant Inflationary Pressure

According to the latest data released by the Bureau of Labor Statistics, consumer inflation has reached its highest level since 1982. The Consumer Price Index (CPI), which measures the average change in prices paid by urban consumers, has risen to 239, indicating a 58% increase in prices since 1982. This alarming inflation rate is putting a significant strain on household budgets and is a major concern for policymakers.