If you've noticed that the price you're paying for goods and services is on the rise, you're not alone. Although some degree of inflation is expected in a growing economy, inflation data released by the U.S. Bureau of Labor Statistics for June 2021 is nothing short of worrisome. Based on the year-over-year change in the Consumer Price Index for all Urban Consumers (CPI-U), the price for a large, predetermined basket of goods and services is up 5.4%, year over year.
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