NJ Spotlight News

Consumers in ‘very sour mood’ as inflation outpaces wages

Clip: 07/14/2022 | 4m 46s | Video has closed captioning.

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.

Aired: 07/14/22

Rating: NR

Problems Playing Video? | Closed Captioning

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