Here's what happened.
Food inflation has been hurting the economy everyday for a while now. Many Americans have been trying to stay afloat with these massive pay increases in food and other things. The overall food inflation has rose higher than ever.
The food inflation has rose above 6% with many individuals wanting to wait to spend money in hopes of the pay increases lowering. Food inflation is the highest it has been in many months and is continuing to rise. This pay increase is hurting many Americans.
Experts have stated that this may be the highest the inflation will go and soon Americans will start to see a decline in price. It is yet to be seen if experts are right about their predictions.