Airfares rose nearly 43% over the same period a year ago, according to data released by the Labor Department on Thursday, a record-setting increase that topped the department’s monthly Consumer Price Index (CPI) report.
The CPI, which measures inflation, found that prices overall across all categories rose 8.2% over the past year, and 0.4% in the past month. Last month’s report found airfare up 33%.
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