How Inflation’s 41-Year High Impacted American Life ...Middle East

This video is part of our series “The Numbers That Defined 2022.” Transcript Monica Potts: One of the most important numbers of 2022 was 9.1 percent. That was the inflation rate in June — the highest yearly increase since 1981. Inflation affected all Americans, but its severity varied by region. And as you might expect, low-income families were hit the hardest. Many struggled to afford basics like food and rent. A report from The Urban Institute found that about 1 in 5 adults experienced household food insecurity this summer, which matched heights reached early in the pandemic. High prices changed the ways families made decisions both big and small. As the prices of goods rose, especially

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