Many economists believe the spike in prices is going to be quite high compared to a year ago, while inflation's bite has been particularly pronounced on some groups of Americans. That includes seniors living on fixed incomes and millennials who had already lost ground during the financial crisis and Great Recession. Economics correspondent Paul Solman reports.
Stream your PBS favorites with the PBS app: to.pbs.org/2Jb8twG
Find more from PBS NewsHour at www.pbs.org/newshour
Subscribe to our KZfaq channel: bit.ly/2HfsCD6
Follow us:
Facebook: www.pbs.org/newshour
Twitter: / newshour
Instagram: / newshour
Subscribe:
PBS NewsHour podcasts: www.pbs.org/newshour/podcasts
Newsletters: www.pbs.org/newshour/subscribe