Inflation in U.S Growing at Fastest Pace in Over 27 Years
June wholesale prices surge 1.8%, propelled by soaring gas and food costs; biggest monthly rise since November.
CNN
July 15, 2008
WASHINGTON (AP) -- The economy showed the depth of its twin problems on Tuesday, slow growth and rising inflation, as the nation wrestled with a teetering financial system, a slumping dollar and rising prices for food and fuel.
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