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Some expenses have skyrocketed by as much as 254% over the past year. Zoriana Zaitseva / Shutterstock.com
One of the biggest financial stories of 2022 was inflation The annual inflation rate was 7.1% as of November, according to the latest Consumer Price Index (CPI), which is one of the federal government’s gauges of inflation. But inflation hit some items more than others — shooting as high as 254% for specific purchases. Let’s take a look at some of the wildest price hikes of 2022.