This week, CNN reported a double-digit price increase in 2021 for nearly every product Americans purchase and that trend doesn’t look like it’s going to subside anytime soon.
CNN reported, “All of this is creating sticker shock for everyday Americans. There have been double digit price increases in terms of percentages on everything from bacon and televisions to jewelry. There was a new report from the government out just this morning showing that we haven’t seen inflation this hot since January of 1991. If you put all this together it means that for this holiday shopping season Americans should expect slower service, higher prices and fewer options.”