Analyst on why "it's a mistake" to assume that worst of inflation has happened
CBSN
Whether on TV or in a grocery store, signs of record-high inflation are unavoidable. Food prices are up 10%, new vehicles 12.5% and gasoline almost 50% compared to last year, according to the U.S. Bureau of Labor Statistics.
"What's Your Problem" podcast host and analyst Jacob Goldstein told CBS News that the two biggest categories seeing price jumps are food and fuel.
"It's extraordinary," he said. "It's gone up so much, so fast. And you know one of the things about gas is you just see it, like it's literally in your face, there's a great big sign, then you see the numbers go up, so it's extra painful."
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