Gasoline price hits 7-year high in the US 0:55
(CNN) -
There is no end in sight for high prices in the United States.
Consumer price inflation in the United States rose again in October, the Bureau of Labor Statistics reported Wednesday.
During the last 12 months, prices rose 6.2%, representing the largest increase since November 1990.
If food and energy prices, which tend to be more volatile, are excluded, the price index rose 4.6% over the same period, the biggest jump since August 1991.
World food prices rose 30% in one year
The headline price index rose 0.9% in October alone, adjusted for seasonal variations, significantly more than the 0.6% economists had forecast and overshadowing the somewhat warmer 0.4% rise in September.
Last month's price increases were due to increases in multiple categories, including energy, shelter, food and automobiles.
