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Breaking: US inflation rises to 6.2%, highest in 31 years

U.S. inflation was up to 6.2% in October over a year ago. That’s the highest inflation in 31 years. Inflation was up 0.9% in October alone, a much higher increase than 0.4% in Sept. and 0.3% in August. Prices are rising for food, energy, shelter, used cars and new cars.