Fuel costs push up US inflation

(Drivers across the US are facing higher gasoline bills)

US inflation rose at its fastest pace for six months in May because of sharply higher energy costs.

Consumer prices rose 0.6% last month, government figures showed, the steepest monthly increase since last November.

Petrol costs surged by 5.7% last month, driven by the soaring global cost of oil which recently reached more than $139 a barrel.

Rising inflation is a worry for the Federal Reserve, which has cut rates aggressively to stimulate growth.



Opinion: Fuel costs push up US inflation

Consumers needs are clearly rising and Americans are also finding it hard to adjust to a higher price due to world crisis. They're economy status are starting to worry people because what is happening to the world market are clearly connecting to every country and it is genuinely a big global issue to our society. These great troublesome situations are affecting the lives of people especially to those who are living with their own families.

Even the government are finding it hard to maintain in their economy status due to the uprising of the products in the world market like the oil price , food products especially the slowly shortage of rice that affects everyone. With all honesty, everyone is suffering to the world economic crisis.

The increasing oil price in the world market, not only Americans but everyone of us has to limit their expenses to their basic needs and be cautious to every products they buy so that they can still maintain in providing their families needs. In conclusion, increasing of fuel that affects and worries everyone are connected to the different products that increases the consumers' needs and making them financially deficit are not just worrisome but causes great uproar to the lives of everyone.

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