
Ballooning Costs
Jill on Money with Jill Schlesinger
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The Biggest Rise in Inflation Since the Spring of 19 80
Sebias new senior business analyst jills lessenger joins us now for more about the surging rate of inflation and the rest of the nation's economic picture. Where did we see the biggest rise when you look at inflation as a whole? Well, let's start with the places that we encounter most frequently. Energy cost up over 33 % from a year ago. Gas prices are just soaring up nearly 60%. That's the largest annual increase since the spring of 19 80. Food costs up six point one per cent. And again, it's those proteins that are really driving a lot of the rise in food costs. Those costs are not going away any time soon. One little glimmer of
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