Inflation surges

Prices for the past year are rising at the fastest pace in 27 years. Labor Dept. reports wholesale inflation soared in July. Wholesale prices are up 1.2 percent in July, thanks to higher costs for energy, motor vehicles and other products.

We are feeling it in the grocery stores now. Food bills that once were $125-$140 or now over $200….of course, could just be shopping at the Publix in Gulf Breeze.

Share:

Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”