U.S. inflation surges again and stays at 30-year high, pointing to prolonged price pressures

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Economic Report

Last Updated: Oct. 1, 2021 astatine 11:38 a.m. ET First Published: Oct. 1, 2021 astatine 8:40 a.m. ET

High ostentation is apt to persist good into 2022

The numbers: The outgo of goods and services roseate sharply again successful August and near the complaint of U.S. ostentation astatine a 30-year high, with each signs pointing to terms pressures snaking into adjacent year.

The idiosyncratic depletion expenditure terms scale climbed 0,4% successful August, the authorities said Friday. It was the sixth consecutive large increase.

The rate...

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