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LATEST NEWS UPDATES | How a four-decade high American inflation will hurt you -Vivek Kaul

How a four-decade high American inflation will hurt you -Vivek Kaul

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published Published on Dec 17, 2021   modified Modified on Dec 19, 2021

-Livemint.com

In November, the American consumer price inflation (CPI) for urban consumers came in at 6.8%. The last time it was anywhere as high was nearly four decades back in June 1982, when it was 7.1%.

It hadn’t even been a year since Mark David Chapman had killed John Lennon. Abba’s final performance and subsequent breakup, which went unannounced, was still a few months away. American and British pop and rock bands and individual artists ruled the world. K-pop was nowhere around.

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Livemint.com, 17 December, 2021, https://www.livemint.com/mint-top-newsletter/easynomics17122021.html


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