Some California residents have crossed the border to Mexico to buy cheaper groceries as many continue to struggle with the current status of the U.S. economy, even though the inflation rate has slightly decreased to 8.5 percent in July after a record high 9.1 percent in the month prior. Despite the dip in the inflation […]
Tag: Food Costs
Why is there an economic crisis in Sri Lanka?
A state of emergency has been declared in Sri Lanka, and President Gotabaya Rajapaksa has fled the country. His departure follows months of mass protests over soaring prices and a lack of food and fuel. The country’s foreign currency reserves have virtually run dry, and it has already missed debt interest payments. The price of […]