US consumer prices rose last month at a rate not seen in nearly 40 years, the government reported Friday, underscoring how inflation threatens the world’s largest economy and President Joe Biden’s public support.The Labour Department’s consumer price index (CPI) jumped 6.8 per cent compared to November of last year, its biggest gain since June 1982 as prices for petrol, used cars, rent, food and other goods continued to climb.While the report contained signs that the inflation wave may be…

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