8 Things Still Getting Hammered by Inflation
Provided By - Video Elephant on September 15, 2021
New government figures show prices rising by at least 15% — and often much more — on these items since last August. Another inflation report, another mixed bag.
Overall inflation increased by a red-hot 5.3% between August 2020 and this August, based on the federal government’s latest Consumer Price Index. Inflation increased 0.3% between July and August.
On its surface, that news offers plenty of fuel for concerns that higher prices could create the type of soaring prices last seen in the late 1970s and early 1980s.