Consumer prices in the United States reached a 5% increase compared to the same month of the previous year, the highest level in 12 years and 9 months.
Inflationary pressures are increasing with the rapid recovery of the economy.
Consumer prices last month, announced by the US Department of Labor on the 10th, rose 5% from the same month of the previous year, the highest level in 12 years and 9 months since August 2008.
Although there was a reaction from the previous year, which was depressed due to the influence of the new coronavirus, it increased by 0.6% compared to the previous month, exceeding the market expectation.
By item, rent increased by 2.1% and food by 2.2%, and airfare increased by 24.1% and used car by 29.7%.
This is because demand for goods and services is rapidly increasing against the backdrop of widespread vaccination and the government's economic measures, but supply is not catching up due to labor shortages and other factors, and inflationary pressure has further increased. It is a shape.
In the financial markets, there is a view that large-scale monetary easing measures will change if the Fed (Federal Reserve Board) continues to exceed the inflation rate of about 2%.
Fed Chair Powell has so far acknowledged that inflation is a temporary phenomenon and policy shifts are premature, but with this result, next week's meeting will be watched.