Inflation has risen from 4.2% to 5% in the US, marking the largest annual rise since 2008.
There are several factors behind these figures, such as the easing of the lockdown allowing consumers to go out and shop once more, but there are other factors too, such as the increase of prices in the used vehicle sector.
This is just a snapshot of what is actually going on, the true picture will slowly begin to form over the next few months.
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