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Prices jumped 5.4 percent in June, the biggest rise since 2008.



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Daily Business BriefingJuly 13, 2021Updated July 13, 2021, 12:01 p.m. ETJuly 13, 2021, 12:01 p.m. ET Outside the Queens Center mall in New York on Monday.Credit…An Rong Xu for The New York TimesA key measure of inflation jumped sharply in June, a gain that is sure to keep concerns over rising prices front and center at the White House and Federal Reserve.The Consumer Price Index climbed by 5.4 percent in the year through June, the Labor Department said, as prices for used cars and trucks accelerated rapidly and accounted for more than a third of the surge. The overall inflation change was more …

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