You may have noticed this yourself at the cash register when you’re shopping for anything.
Inflation in September was up 5.4% from last year. It’s the highest inflation in 13 years.
Gas prices are up 25% under president Joe Biden.
Meat is up 12%.
Used car prices are up 24% over last year.
In the last few months, prices rose 0.4% in September and 0.3% in August. If it continues at that rate we’ll see annual inflation over 5%.
The hardest hit by the inflation, the poor and middle class. That’s because gas, food and goods continue to be key drivers of inflation.