Inflation has been a major concern in the current economic climate, affecting everything from groceries and gas to housing and utilities. As price rises,many household areas struggling to keep up with the increasing in cost of living. Businesses are also feeling the pressure,as higher cost of raw materials and wages are impacting their profits.
While government and centre Banks attempt to control inflation through interest rate adjustment, consumers continue to seek way to manage their budgets effectively.
Do you think Government policies are helping or hurting the situation? Why?
What strategies have you used to cope with rising price??