NJ Spotlight News

Business Report: The inflation surge continues

Clip: 04/12/2022 | 2m 27s | Video has closed captioning.

The consumer price index for March shows consumer prices rose 8.5% from a year ago, as costs for essentials continue to rise. In the past 12 months, gasoline prices rose 48%, food by 8.8%, the cost for shelter rose 5% and medical care services rose nearly 3%. Prices have been rising due to strong consumer demand and supply chain shortages, made worse by Russia’s war against Ukraine.

Aired: 04/12/22

Rating: NR

Problems Playing Video? | Closed Captioning

NJ Spotlight News is a local public television program presented by THIRTEEN.