Fruit shopping at a Target store in New York on Jan 12, 2022. US consumer prices in December continued to rise at the fastest annual pace in almost 40 years, which could push the Federal Reserve to raise interest rates earlier, the US Labor Department reported on Wednesday. The consumer price index (CPI) last month rose 0.5 percent from the previous month and 7 percent from a year earlier, the largest 12-month increase since June 1982, according to the department's Bureau of Labor Statistics. [Photo/Xinhua]
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