Which Categories Have Been Hit Hardest by Inflation?

By Brad Beckett

We follow inflation pretty closely here on our news site.  It’s an important indicator that ripples through the entire economy.  A recent chart from Statista illustrates those CPI categories that have been hardest hit by inflation over the past few years.  As always, stay safe and have a Happy Friday!!!

“…there’s no way around the fact that consumer prices in the United States have risen sharply over the past three years, as several factors came together to form a perfect storm of inflationary pressures.”