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This key measure of inflation climbed at the fastest pace since 1982 last month

This key measure of inflation climbed at the fastest pace since 1982 last month

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By
Anneken Tappe
, CNN Business
CNN — This key measure of inflation climbed at the fastest pace since 1982 last month

Yet another key measure of inflation ticked higher at the start of the year, rising at its fastest pace since 1982.

The price index tracking consumer spending increased by 6.1% between January 2021 and January 2022, according to new data from the Commerce Department released Friday.

This is a developing story. It will be updated

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