Jacksonville consumers feel the pain of rising prices and inflation

2 years ago 278

JACKSONVILLE, Fla. – If you’ve been to a state presumption oregon market store lately, you’ve apt noticed prices are up. Consumer prices person jumped to their highest levels successful astir 40 years.

If you inquire astir anyone however they consciousness astir state prices, they’ll archer you.

“Way excessively costly close now,” Alan Tutwiler said. ”I’m 22. I consciousness similar radical that we’re calved successful the 1970s were paying similar a dollar, and I’m paying what $3.34 close now.”

News4JAX recovered a idiosyncratic paying astir $100 to capable up their vessel Friday.

The Bureau of Labor Statistics reported that user terms ostentation roseate by 6.8% this twelvemonth done November. That is the highest level of alteration since June 1982, and state prices soared much than 58% successful the past year, the largest summation since 1980.

News4JAX governmental expert Rick Mullaney listed immoderate of the reasons that person caused this inflation.

“So you person accrued spending, you bash person problems with the pandemic and the proviso concatenation problems, you got labour shortages, you person the pent-up demand, and you person rising vigor prices,” helium said.

As for erstwhile we tin commencement seeing immoderate relief, Mullaney said, “I truly don’t cognize and I don’t cognize if anyone truly does. Most economists judge you’re going to spot continuing ostentation going good into 2022.”

Mullaney says 1 happening is for sure: Inflation prices volition beryllium apical of caput for politicians from some sides of the aisle up of the midterm elections adjacent year.

Click here to work much astir the caller ostentation numbers.