Fuel Costs Help Drive Inflation to New Four-Decade High

P.M. Edition for June 10. Inflation hit 8.6 percent in May, a new 40-year high. Prices are rising across the board, but energy was one of the sectors driving costs, up nearly 35%. from a year earlier With gas prices near $5 a gallon, Global energy and climate editor Miguel Bustillo joins host Annmarie Fertoli to discuss how those costs are having a ripple effect on many other sectors in the economy. Learn more about your ad choices. Visit megaphone.fm/adchoices