February 10, 2022
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2:04Now PlayingThe inflation rate in the last year is at the fastest pace it has been in almost four decades.
Now, it’s hurting people’s pockets as they see the price of food and gas go up while their paychecks stay the same.
Economists say one reason for the high inflation rate is the pandemic, which has led to a supply chain disruption. Another reason experts suggest is the job market. With fewer people working, those who want more money increase costs.
BNC’s Derrick Lewis reports that the “spike in prices” is a “knife to the heart” of many families.
All this and more on “The World Tonight.”
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#Inflation #Economy #Food
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