Why are prices so high? Blame the supply chain – and that's the reason inflation is here to stay
- Written by: Craig Austin, Assistant Teaching Professor of Logistics & Supply Chain Management, Florida International University
Shopping bags are getting heavier – on your wallet.AP Photo/Mark LennihanConsumer prices soared in October 2021 and are now up 6.2% from a year earlier – higher than most economists’ estimates and the fastest increase in more than three decades. At this point, that may be no surprise to most Americans, who are seeing higher...
