Soaring petrol prices are helping drive record inflation in the United States [Lucy Nicholson/Reuters]
The costs of petrol, food and other necessities jumped in May, raising inflation in the United States to a new four-decade high and giving American households no respite from rising costs.

Consumer prices surged 8.6 percent last month from 12 months earlier, faster than April’s year-over-year surge of 8.3 percent, the US Department of Labor said Friday.

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