Even in the United States, where inflation has spiraled out and the food crisis is on the rise, the American people are facing difficulties due to rising prices of all commodities, including fuel.
In the United States, too, inflation has spiraled out of control and the rise in food prices has had a devastating effect on people’s daily lives.
According to foreign media, the purchasing power of the people is decreasing due to the exorbitant increase in the prices of food items in the United States.
According to the US Department of Labor, food prices in the country have risen by 9.5 per cent in 202 compared to April 2021 and this is the highest annual rate of increase in food prices in the US in the last 41 years. At the same time, fuel and fares have risen in the United States.
US economic analyst Mark Zendi says rising prices for everything in the United States, including fuel, have forced an American family to spend 4 450 more this year than last, due to inflation. There is an increase in money.
It should be noted that first the Corona epidemic and then the Russia-Ukraine war, the wave of inflation has engulfed the whole world, which has severely affected a rich and developed country like Britain.
Read more: Wave of inflation: People in Britain forced to starve
People in the UK are having a hard time meeting their expenses, even citizens in the UK are avoiding one meal a day to cover their expenses.