Consumer prices are now rising faster than they have in years, a concept known as inflation. Today, prices have already climbed more than 6% in the last year, an increase that is so great, numbers like this haven’t been noted since 1990. Over the last ten years, inflation has typically stayed under 2% per year. However, recent data has shown that this year the number is closer to 5%, with the population noting increases in what they have been paying for energy, shelter, used vehicles and food.
The federal government operates to keep this growth stable, only now letting everyone know that it is the time to expect higher inflation as a direct product of industries trying to get back to normal. But, while this pressure is said to pave the way
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