What Is the True Cost of Inflation? It’s Complicated. - The Wall Street Journal

Inflation just hit a four-decade high. Mining more than 100,000 data points from the consumer-price index reveals some nuance. A guide to what’s up—and what’s next.

Gas, groceries and housing. The three areas where Americans spend the most are significantly more expensive than they were a year ago. Inflation is at its highest level in more than four decades aft… [+205 chars]

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