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EXPLAINER: Why US inflation is so high, and when it may ease

Bananas are displayed at a grocery store in Philadelphia, Tuesday, July 12, 2022. On Wednesday, July 13, 2022, the Labor Department will report on U.S. consumer prices for June. (AP Photo/Matt Rourke)

Used cars for sale are parked roadside at an auto lot in Philadelphia, Tuesday, July 12, 2022. On Wednesday, July 13, 2022, the Labor Department will report on U.S. consumer prices for June. (AP Photo/Matt Rourke)

EXPLAINER: Why US inflation is so high, and when it may ease