Another Jump in Prices Tightens the Squeeze on US Consumers

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Many goods and services continue getting more expensive as the economy quickly reopens from cereal to paint to air travel consumer saw another jump in prices last month zero point six percent increase from April over the last year inflation has spiked five percent the biggest twelve month rise since two thousand eight it comes amid growing demand is more Americans get out to shop travel and eat adding to price hikes a shortage of components like lumber steel and semiconductors companies from General Mills to chipotle do sure when Williams have either been raising prices war plan to do so in some cases to make up for higher wages they're now paying to keep or attract workers Sager made ani Washington

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