NewsWorld News

Actions

Food, gas prices pinch families as inflation surges globally

INFLATION.jpeg
Posted
and last updated

From appliance stores in the United States to food markets in Hungary and gas stations in Poland, rising consumer prices fueled by high energy costs and supply chain disruptions are putting a pinch on households and businesses worldwide.

As economies recover from lockdowns caused by the COVID-19 pandemic, increased consumer demand has helped lead to rising inflation.

Countries in central and Eastern Europe, like Poland and Hungary, are among those feeling the rise in prices most acutely.

Their weakening currencies and import-oriented economies make them particularly vulnerable to price hikes, and inflation rates there are among the highest in Europe.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Monday

05/18/2026

Clear

-° / 57°

0%

Tuesday

05/19/2026

Clear

91° / 58°

0%

Wednesday

05/20/2026

Clouds Early/Clearing Late

94° / 63°

0%

Thursday

05/21/2026

Clear

97° / 65°

0%

Friday

05/22/2026

Clear

97° / 66°

0%

Saturday

05/23/2026

Clear

95° / 64°

0%

Sunday

05/24/2026

Clear

93° / 63°

0%

Monday

05/25/2026

Clear

92° / 62°

0%