KPRC 2 Investigates is looking into the growing inflation rate and how many years we can expect it will take for prices to get back to normal.
Right now, the inflation rate is standing at a whopping 8.6%, which is the highest inflation cycle in 41 years.
“The cost of the cans has gone up. The cost of the four-pack of plastic lids has gone up. Sugar, a year ago for a 50-pound bag was about $22. Now, it’s at an average of $32 for a 50-pound bag, so that’s a $10 increase in a year’s time,” said Strahan.
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