Inflation spikes again with Americans paying more for groceries and travel ...Middle East

News by : (The U.S. Sun) -
New inflation numbers reveal consumers are paying more, but economists are cautiously optimistic. Inflation has creeped up by 0.2% in October, according to fresh data released on Wednesday morning by the US Bureau of Labor Statistics. GettyInflation spiked by0.2% in October according to new figures released on Wednesday morning[/caption] The consumer price index rose 2.6% from a year earlier, in line with economists expectations, after rising 2.4% in September. Food, gas and airline fares were responsible for the majority of the rise while there were also increases in medical bills and recreation. Clothing, communication and household goods were among some items whic

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