Why is inflation so high? Why consumer prices soaring?

Prices are going up due to various reasons. Many fear that mortgage rate could go up sooner due to inflation triggered interest rate rise in the US. Appu Govindarajan, a columnist on economics, a certified public accountant and associated chartered accountant in Perth, explains the relationship between inflation and rising cost of living in Australia. Produced by RaySel.

Source: Getty Images & Appu Govindarajan

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