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Indeed, soaring prices threaten both the economy and company accounts, especially if their pricing power (the ability to set selling prices) does not protect margins. After reaching 9.1% in June in the United States, a record since 1981, the rise in consumer prices seems to be moderating. To be confirmed, by following for example this graph from the US Bureau of Labor Statistics (BLS)which traces the monthly evolution of the indicator over 20 years.
No sign of moderation, on the other hand, in the euro zone: on this page of the Eurostat website, the first thumbnail, top left, gives the measure. Select “% change compared to same month of previous yearto get a figure comparable to the BLS.