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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
Why are prices so high? Blame the supply chain – and that's the reason inflation is here to stayShopping bags are getting heavier – on your wallet.AP Photo/Mark Lennihan

Consumer 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...

Read more: Why are prices so high? Blame the supply chain – and that's the reason inflation is here to stay

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