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Consumers in ‘very sour mood’ as inflation outpaces wages

Gas, home energy and food prices have all risen sharply

07/14/2022

NJ Spotlight News

Consumers in ‘very sour mood’ as inflation outpaces wages

Clip: 7/14/2022 | 4m 46sVideo has Closed Captions

Gas, home energy and food prices have all risen sharply

The prices of gas, home energy and food all spiked by double digits over the past month, but wages aren't keeping up, with annual inflation now topping 9%. "It’s leading to a very sour mood,” said James W. Hughes, dean emeritus at Rutgers University’s Edward J. Bloustein School of Planning and Public Policy.

07/14/2022

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

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