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Many may have forgotten that fairly recently we faced a very similar bout of inflation.
It was just 13 years ago, in 2008. That inflation, as measured by the Producer Price Index soared to exactly the level it's at now: 6.6%.
By David Reavill5
44 ratings
Many may have forgotten that fairly recently we faced a very similar bout of inflation.
It was just 13 years ago, in 2008. That inflation, as measured by the Producer Price Index soared to exactly the level it's at now: 6.6%.