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Inflation is up 5% from a year ago, but it has slowed to its lowest level in two years. Tracy Alloway: There seems to be a reluctance on the part of businesses to bring prices down. She says companies are using once-in-a-lifetime disruptions as an excuse to raise prices. The hidden drivers of inflation will help you understand what's going on with your pocketbook.

The traditional explanation of inflation is simple: too much money chasing too few goods. But some experts are now wondering if companies’ aggressive pursuit of profit is driving up inflation as well.

This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Paul Robert Mounsey, and hosted by Noel King.

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