TOM LEHMAN WGAL NEWS 8 AND NOW LET’S TALK INFLATION. WE ARE ALL FEELING ITND A IT’S AT AN ALL-TIME HIGH THE MOST RECENT. NUMBERS SO FORHE T MONTH OF MAY INFLATION IS UP 8.6% YEAOVR ER YEAR TODAY. I SPOKE WITH PENN STATE ECONOMIST DR. FARI BORIS GADAR FOR TIPS TO GET THROUGH IT AND WHEN WE COULD SEE SOME RELIEF I DON’’ SEE ANY OF THESE CONSTRAINTS BEING REMOVED IN THE NEXT SIX MONTH TSO A YEAR. WE’VE SEEN INFLATION HIT A NUERMB OF INDUSTRIES ON FOOD. THERE’S ALSO BEEN SUBSTANTIAL DIFFICULTY IN SHIPPING THE FOOD FROM ONE PLACE TONO ATHER AND UYO KNOW IMPORTING THE FOOD THAT SURGE HAS BEEN MOST APPARENT AT THE PUMP. KADAR SAYS THAT’S PARTLY BECAUSE OF THE DEMAND FOR OIL AND SHORTAGE OF REFINERIES. SO THEN THE GASOLINE THAT YOU AND I ARE GEINTT FROM THE GAS STATION HAS JUST SHOT UP VERY VERY RAPIDLY IN FIVE DOLLARS A GALLON IS NOT THAT UNUSUAL RIGHT NOW EXPERTS SAY THAT THE AVERAGE AMERICAN FAMILY IS ALRDYEA PAYING ABOUT $450 MORE PER MONTH FOR JUST AVERAGE GOODS AND SEICRVES THAT’S COMREDPA TO NUMBERS LAST YEAR AND BECAUSE RELIEF IS NOWHERE IN SIGHT GADAR SAYS CUTTING BACK IS THE KEY TO GETTING THROUGH THERE’S A NUMBER OF THISNG THAT YOU CAN DO TO MANAGE YOUR BUDGET. UM NOW THAT’’ A LOT OF FUN BUT THAT’S CERTAINLY WHAT Y COUAN DO. AMONG THE THINGS THAT DR. GADAR SUGGESTS IF YOU’RE TRYGIN TO PINCH A PENNY CARPOOL
Inflation is at an all-time high across the country
Updated: 10:10 PM EDT Jun 10, 2022
Inflation is at an all-time high. The most recent numbers show that for the month of May, inflation is up 8.6 %, year-over-year. On Friday, News 8’s Jeremy Jenkins spoke with Penn State economist Fariborz Ghadar to discuss tips on how to navigate through these trying times. You can watch his full report above.
Inflation is at an all-time high.
The most recent numbers show that for the month of May, inflation is up 8.6 %, year-over-year.
On Friday, News 8’s Jeremy Jenkins spoke with Penn State economist Fariborz Ghadar to discuss tips on how to navigate through these trying times. You can watch his full report above.
Read More:Inflation is at an all-time high across the country
2022-06-11 02:10:00
