Consumers in ‘very sour mood’ as inflation outpaces wages

July 15, 2022

The prices of gas, home energy and food all spiked by double digits over the past month, but wages aren’t keeping up, with annual inflation now topping 9%. “It’s leading to a very sour mood,” said James W. Hughes, dean emeritus at Rutgers University’s Edward J. Bloustein School of Planning and Public Policy.

Thirteen.org, July 14, 2022

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