consumer prices


Why is inflation so high? Is it bad? An economist answers 3 questions about soaring consumer prices

BY: - December 13, 2021

By William Hauk, University of South Carolina Consumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982, according to Bureau of Labor Statistics data published on Dec. 10, 2021. The biggest jumps during the month were in energy, used cars and clothing. The Conversation U.S. asked […]