ECONOMY
Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982.
-Inflation rose 6.8% from a year ago in November, slightly higher than estimates according to the consumer price index released Friday.
-Excluding food and energy, the CPI increased 4.9%, in line with expectations.
-Surging prices for food, energy and shelter accounted for much of the gains.
Inflation surged 6.8% in November, even more than expected, to fastest rate since 1982.
-Inflation rose 6.8% from a year ago in November, slightly higher than estimates according to the consumer price index released Friday.
-Excluding food and energy, the CPI increased 4.9%, in line with expectations.
-Surging prices for food, energy and shelter accounted for much of the gains.