Can’t live without your morning cup (or cups) of coffee? Better taper down that caffeine addiction: It’s costing you a lot more to get your daily cup of joe.
Inflation surged nearly a full 1% in a month, according to the latest consumer price index released today by the Bureau of Labor Statistics. Most of that spike comes from costs associated with the war in Iran, such as gas: Energy prices alone climbed 10.9% for the month. Gasoline led all categories by a wide margin, surging 21.2%, the steepest monthly jump since 1967.
