U.S. inflation sees biggest surge in nearly 13 years

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U.S. inflation sees biggest surge in nearly 13 years – CBS News

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The Labor Department reported Thursday that consumer prices jumped 5% over the past year. That’s the highest inflation rate in the U.S. since 2008. It means Americans are seeing higher prices on things like food, clothes and even lumber. Gwynn Guilford, an economics reporter with The Wall Street Journal, joined CBSN’s Lana Zak to discuss.

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