Consumer prices increased 7.9% in the 12 months ending in February, further fueling the anxiety surrounding the country’s explosive inflation.

The much-anticipated numbers reported by the Bureau of Labor Statistics on Thursday revealed the extent of the inflation that has plagued the United States during its recovery from the coronavirus pandemic. The pace of inflation is the highest it has been since 1982.
<mediadc-video-embed data-state="{"cms.site.owner":{"_ref":"00000161-3486-d333-a9e9-76c6fbf30000","_type":"00000161-3461-dd66-ab67-fd6b93390000"},"cms.content.publishDate":1646938041614,"cms.content.publishUser":{"_ref":"00000162-b63e-dd00-a56b-b67e42560001","_type":"00000161-3461-dd66-ab67-fd6b933a0007"},"cms.content.updateDate":1646938041614,"cms.content.updateUser":{"_ref":"00000162-b63e-dd00-a56b-b67e42560001","_type":"00000161-3461-dd66-ab67-fd6b933a0007"},"rawHtml":"