Climate change, a global pandemic and war — there’s a lot to grapple with at the moment, and now we’re all being told that prices of everyday goods are rising as well.
According to the U.S. Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 8.5% in March compared to last year — levels not seen since 1982. Oil prices may have dropped in the early days of the pandemic, but they have since soared with increased demand, hitting a seven-year high. The war in Ukraine has further impacted prices.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.
We humbly apologize for the inconvenience.