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Why Do Prices Keep Going Up and What’s the Cause of Inflation?
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wsj.comU.S. inflation has risen to its highest rate in three decades this fall and is estimated to have accelerated more last month, with economists predicting that consumer prices rose by 6.7% in November from a year ago. Consumers are seeing prices rise sharply for a variety of goods and services because of persistent supply and labor shortages and strong demand. The Labor Department’s November consumer-price index will be released Friday at 8:30 a.m. ET.
Stoked by imbalances in the economy created by
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