Braking Down The News

Hot Dogs, Cookies, the Electricity Bill: Prices That Rose the Most in June

Prices increased for a host of goods at four-plus-decade highs—and fell for few items

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Climbing prices for food, energy and housing squeezed shoppers’ wallets in June, driving consumer inflation to a 9.1% annual rate, the highest in nearly 41 years, the Labor Department said Wednesday. More than half of what the average household spends in each month goes toward these items combined.

Below is a breakdown of what drove June’s inflation–and the (relatively few) areas in which price pressures eased, according to the department’s consumer-price index.

 

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