Inflation in the United States has risen to levels not seen in the last 40 years.
Inflation in the United States has risen to levels not seen in the last 40 years.
Retail inflation rose 6 percentage points to 8 percent in November, according to the US Department of Labor. This is considered to be the highest level recorded since 1982. Production of goods in the United States was severely affected during the Corona period. Now that Corona is recovering from the impact, demand for the material has increased. However, experts say that the rise in prices is due to a slump in the supply of goods due to the slump in production. While the construction sector was hit hard during the Corona era, rent for homes has now risen sharply. Similarly, rising fuel prices are said to be the main reason for the rise in inflation.