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but the temperature is coming down, and this is the eighth straight months that inflation has fallen, and you can see it on the graph, but grocery prices are high, and you may have noticed with the data showing a 10.2% increase over the past year. joining us is nathaniel meyerson, consumer reporter, and i have noticed that some of the things have gone down a little bit, but some have not, and can we expect this to settle down at some point? yes, the grocery store prices are up 10.2% from a year ago and outpacing the inflation, and the reason that we are seeing the higher prices is because the food manufacturers and producers are paying more for labor and transportation and passing the higher costs on to shoppers and able to raise the prices, because demand has not slowed down. after all, we have to go to the grocery store and buy food, and so many trade offs we can make. so once the p prices are higher
things. i mean, first off, let s be clear. the bulk of the increase in prices last month were due to energy and food and most of that was indeed due to energy. and soso this is really the result of, you know,at the united states and countries everywhere coming out of pande historic pandemics where we ve seen these ongoing challengeses with supply chains, this fragile supply chains that e businesses created around the world that have madeat it difficult to get products to thises in the time of recovery from a pandemic. you add on top of that this unprovoked war that putin has been waging in ukraine and thatn is why we ve seen p prices rise. she s right about the energyg part, except she s not tellingyo you the main part. the main partt. being, of cours, that joe biden well, he eliminated energy independence. somehowhi henk thinks it s bettr to import oil from countries that hatee us like russia, iran ,saudi arabia, opec,ab iavenezuela, now many in the mob and the media, they re you know
[ laughter ] reporter: but biden s tone grew serious when he was asked about khashoggi s fiance, who today tweeted that the blood of mbs next victim is on your hands. i m sorry she feels that way. i was straightforward back then. i was straightforward today. reporter: biden argued the trip was worth it, saying the p prices in the u.s. and i m doing all i can to increase the supply for the united states of america, which i expect to happen. reporter: he says americans will start to feel that impact at the pump in the coming weeks. and he cited security gains in the region. saudi arabia today announcing it s opening its airspace to israeli flights, an easing of relations. that is a big deal, a big mary bruce with us tonight live in saudi arabia. mary, the president aware of had he said in the past on the campaign trail that he would make the kingdom a pariah. now he s in saudi arabia, the fist bump, the meeting with the crown prince, and we know what
0 night from des moines, iowa. show. there s a sworn enemy of lying ,pomposity, smugness and groupthink have the best evening with the ones you love, but don t ts go anywhere. sean h hannity takes over right now. all right, tucker. have a great speech tomorrow in iowa. and thank you. welcome to hannity . d dtonight, warning signs for the biden economy. they are flashing brighter thans ever. let s pause for a second. all of this is going to affectyo you, u,your families, your loves ones, your friends, your neighbors, , it s that bad. sadly, we are on the verge of not just the recession, not just the downturn, but a full fledged economic meltdown. all of it caused by thef policies of joe biden and theci new green deal climate cult agenda. socialist democrats, we ll get to break it down and you and your family need to acto accordingly to protect yourselves. biden is failing so much so fast, is so weak, so frail, so decrepit, major democrats, they appear closer than ever now to jumping