“Food, gas prices pinch families as inflation surges globally”
November 29, 2021
“From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide.
Rising inflation is leading to price increases for food, gas and other products and pushing many people to choose between digging deeper into their pockets or tightening their belts. In developing economies, it’s especially dire…”
Well, you know when multiple oil pipelines are shut down all across the western world energy prices increasing should be expected. That’s just common sense. Cheap energy equals cheap market prices. Expensive energy equals high market prices. Inflation is a problem but it’s not the main factor in this case.