Inflation Nears 26-Year Record

clipped from www.mcclatchydc.com Soaring energy costs helped boost consumer prices 1.1 percent in June, the second biggest monthly increase in 26 years, the Labor Department reported Wednesday. The sudden burst of inflation, higher than analysts had expected, deeply affected consumers' spending power The increase in the Consumer Price Index, the government's chief measure of price movements, was topped in recent years only by a spike in prices in September 2005, reflecting an increase in energy prices after Hurricane Katrina. Read the Labor Department report.

What can you add? This blows.