Currently viewing Global edition

US inflation posts largest gain since 1981

US consumer inflation hit an annualised 9.1% in June, heightening fears of further interest rate hikes by the US Federal Reserve, a firmer dollar and a potential recession.

US inflation posts largest gain since 1981 US inflation posts largest gain since 1981 US inflation posts largest gain since 1981 US inflation posts largest gain since 1981 US inflation posts largest gain since 1981

US inflation surges

Economists had expectations of a 8.8% increase, based on higher fuel, food and other costs. Inflation grew at an annualised 8.6% in May.

Most read Commodities