BREAKING: US inflation climbed to 7% in December – the highest level since 1982.
December was the 8th month that inflation (y/y) has been at 5% or higher.
Shelter, used cars and food drove the high inflation. Energy (including gas) fell slightly pic.twitter.com/GCbplNr5E2
— Heather Long (@byHeatherLong) January 12, 2022