Due to Covid-19, extreme weather conditions, and a decline in the supply chain, commodities prices are surging at an alarming rate. The pandemic is still dealing with the United States, as they record more cases.
The USA recently recorded its highest annual inflation rate in forty years. Yesterday, #BareshelvesBiden trended after customers scrambled for scarce groceries from bare shelves.
Citizens of the United States lamented and called for immediate action before things got out of hand. Bank rate Chief Analyst Greg McBride stated that consumer prices had not shown declining signs.
The United States authorities have vowed to fight inflation, pulling all resources together, as groceries and other essentials are essential.