How Record Inflation Affects Spending on Rent, Gas
Clip: 7/13/2022 | 7m 42sVideo has Closed Captions
Inflation reaches a 40-year high. We hear from economists on what it means for consumers.
Inflation reached a 40-year high in June. And it's being felt by consumers, with prices soaring 9.1% compared to a year earlier. Costs of necessities are rising — in particular, gas — with a nearly 60% increase in price over the past year according to the U.S. Labor Department.
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Chicago Tonight is a local public television program presented by WTTW
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How Record Inflation Affects Spending on Rent, Gas
Clip: 7/13/2022 | 7m 42sVideo has Closed Captions
Inflation reached a 40-year high in June. And it's being felt by consumers, with prices soaring 9.1% compared to a year earlier. Costs of necessities are rising — in particular, gas — with a nearly 60% increase in price over the past year according to the U.S. Labor Department.
Problems playing video? | Closed Captioning Feedback
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