Surprise readings are beginning to rival those seen in the 1960s and 1970s—when long-lasting price spikes of more than 10% (solidly higher than the latest reading of 8.6% in May) contributed to prolonged periods of weak economic growth and sparked a decade of lackluster stock-market returns.
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Goldman Warns Of Lasting Inflation, 10% Price Hikes
High Gas And Food Prices To Be Followed By Surges In Insurance And Travel
