Why Americans are spending more for less
Inflation is still at near-record levels, according to the latest govenment figures. Economists predicted that consumer prices would fall sharply in August, but while inflation did ease from 8.5% to 8.3%, the decline wasn't as reassuring as expected. With essentials such as rent, eggs, and coffee more expensive than ever, read on as we look at why inflation is still high and the shocking price rises hitting American wallets hard.
Alice Cattley
15 September 2022
Features
Comments
Be the first to comment
Do you want to comment on this article? You need to be signed in for this feature