SALT LAKE CITY — Inflation hit its highest annual charge since 1982 in December of 2022, rising 7% on common over the earlier yr.
The common is predicated on merchandise tracked by the Bureau of Labor Statistics, and charges of inflation are dramatically totally different between broad sectors and the subcategories inside them.
First the broad sectors. You’ll discover the arrows start at 7% after which present the distinction between that common and the particular stage of inflation for every class.
You may see the vitality sector is driving inflation greater than another.
Inflation is impacting ever all classes of meals, however most at decrease ranges than the general common.
The broad class of all different merchandise solely contains three sub-categories with inflation above seven p.c. They’re new automobiles, used automobiles and tobacco.