This is insane.
Everyone knew that this years inflation is very bad for the economy. This inflation is a new high that hasn't been broken for 31 years. Many economists are stunned to see that the U.S. inflation is one of the highest in the world currently.
The U.S. inflation is showed to have the eighth-highest annual inflation rate among 46 countries. This news has shocked many Americans and has caused concern for many that want to improve the economy. Many have stated that inflation will continue to rise into the new year which is causing more panic among citizens.
This years inflation has been a cause for concern for many Americans and this new statistic has many more concerned about their financial safety because of this inflation. many experts have stated that Americans should try to avoid this inflation at all costs.