Contact Us
- Get link
- X
- Other Apps
- Get link
- X
- Other Apps
Inflation
Inflation in the US: What You Need to Know Inflation in the US is on the rise, with the August inflation rate coming in at 3.7%. This is higher than expected and has raised concerns about the economy. What is inflation? Inflation is the rate at which the prices of goods and services are rising. It is typically measured as the annual percentage change in the Consumer Price Index (CPI), which is a basket of goods and services that consumers typically purchase. Why is inflation rising in the US? There are a number of factors that are contributing to rising inflation in the US, including: The war in Ukraine: The war in Ukraine has caused disruptions to global energy and food markets, leading to higher prices for these commodities. Supply chain disruptions: The COVID-19 pandemic has caused disruptions to global supply chains, making it more difficult and expensive to produce and transport goods. Strong consumer demand: Consumer demand has rebounded strongly since the pa...
HELLO
ReplyDelete