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The Independent UK
The Independent UK
National
Christopher Rugaber

As the causes of US inflation grow, so do the dangers

Copyright 2022 The Associated Press. All rights reserved.

What keeps driving inflation so high? The answer, it seems, is nearly everything.

Supply chain snarls and parts shortages inflated the cost of factory goods when the economy rocketed out of the pandemic recession two years ago. Then it was a surge in consumer spending fueled by federal stimulus checks. Then Russia's invasion of Ukraine disrupted gas and food supplies and sent those prices skyward.

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