Inflation rate at 31-year high

 

November 17, 2021



We’ve all been feeling the price pinch when we shop for groceries or fill our gas tanks. Rising costs are a concern for everyone.

Last week I saw a map accompanying a Wall Street Journal (WSJ) article that showed where inflation rates are the highest. The Midwest and the South are the hardest hit while people living on either of the U.S. coasts are feeling it the least.

The WSJ headline stated: “U.S. Inflation Hit 31-Year High in October as Consumer Prices Jump 6.2%.”

The U.S. inflation rate reached a 13-year high recently, triggering a debate about whether the country is entering an...



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